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Company Information for Scandinavian Minerals Ltd

Company stock charts - 12 Month chart

Exchange TSX; SGL


View full financial data

Company Statement

Scandinavian Minerals Limited ("Scandinavian Minerals"), is a Canadian public company listed on the Toronto Stock Exchange under the symbol SGL.
Our corporate objective is the exploration and development of base and precious metal properties in northern Europe. The Company's current focus is the development of its 100% owned Kevitsa nickel - copper - PGE property in northern Finland.


Current Operations

Kevitsa nickel-copper-PGE 
One of the largest mineral discoveries in Finland's history, the development-stage Kevitsa property hosts a measured and indicated resource of 287 million tons at a 0.1% nickel cutoff, together with a further 544 million ton inferred resource. Kevitsa is one of the world’s major undeveloped nickel sulphide deposits and is situated in an area of excellent infrastructure.

In April 2007, Scandinavian Minerals announced the commencement of its
Feasibility Study for the Kevitsa project. The Study is based on an open pit mining operation, mining approximately 5 million tons of ore per year, with production of smelter-grade nickel and copper concentrates. The Study is expected to take approximately 12 months to complete.

Scandinavian Minerals’ flagship asset is its 100% interest in the Kevitsa nickel-copper-PGE (Platinum Group Elements) property in northern Finland. With measured and indicated resources of 287 million tons, Kevitsa is one of the largest mineral discoveries in Finland’s history. Scandinavian Minerals’ interest in Kevitsa is held through its wholly owned subsidiary, Kevitsa Mining AB.

Kevitsa is located 142 kilometres north of Rovaniemi, the capital of Finnish Lapland. The deposit was discovered and drilled by the Geological Survey of Finland.


Geographical Spread

Scandinavia, with emphasis on Finland


Board of Directors and Key Management

Peter WalkerPresident & CEO, director
John Kearney, Chairman, Director
John Pedersen Technical Director
Krister Söderholm VP Operations
Bryan Benitz Honorary Chairman & Director
D. Campbell Deacon Director
Erich Sager Director
Joerg Gruber Director
Frank Ramsperger Director
Christian de Saint-Rome Director

Company Address

111 Richmond Street West., Suite 1002

Toronto, Ontario, Canada, M5H 2G4

Telephone:416-203-6128
Facsimile:416-368-5344
Email:saintrome[at]scandinavianminerals.com
Website:http://www.scandinavianminerals.com

Year End

August 31st

Related News

09/05/07 - Scandinavian Minerals Takes Kevitsa Steadily Up The Ladder Towards Production

Most Recent Statement

15/04/08 - Scandinavian Minerals Reports Half Year Results
28/03/08 - Scandinavian Minerals Adds a New Director to the Board
20/02/08 - Scandinavian Minerals Starts Infrastructure Construction at Kevitsa Project
31/01/08 - Adoption of Shareholder Rights Plan
16/01/08 - Scandinavian Minerals Reports First Quarter Results
14/12/07 - Scandinavian Minerals Closes $40 Million Financing

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