Kaunisvaara

Kaunisvaara is a village in northern Sweden, in Pajala Municipality, 100 km north of the Arctic Circle.

There are large magnetite (iron ore) deposits in this area; Northland Resources began constructing the first mine in December 2011.^[1]^[2] Ore production was expected to begin in 2012,^[3] with annual iron ore production reaching 12 million tonnes by 2014. Reserves are estimated at 176 million tonnes.^[1] The mine went bankrupt in October 2014 because of low iron ore prices and high debts.

In 2009, archaeologists commissioned by Northland Resources found evidence of stone-age settlements, dated to 9300BCE, in the area; this has shed new light on the timeline of deglaciation and human settlement in northern Europe.^[4]

[1]
"Northland Resources breaks ground for Kaunisvaara project". Retrieved 2011-07-06.
[2]
"Northland - Kaunisvaara - Tue Jul 5, 2011". Archived from the original on October 23, 2011. Retrieved 2011-07-05.
[3]
"Northland finalises Cat/Bucyrus fleet for Kaunisvaara". International Mining. Retrieved 2011-07-05.
[4]
"Drygt 11000 år gammal boplats invid inlandsisen - NLL". Archived from the original on 2012-01-19. Retrieved 2011-07-05.

67°23′N 23°21′E

[steelorbis-1] [1]
"Northland Resources breaks ground for Kaunisvaara project". Retrieved 2011-07-06.

[2] [2]
"Northland - Kaunisvaara - Tue Jul 5, 2011". Archived from the original on October 23, 2011. Retrieved 2011-07-05.

[3] [3]
"Northland finalises Cat/Bucyrus fleet for Kaunisvaara". International Mining. Retrieved 2011-07-05.

[4] [4]
"Drygt 11000 år gammal boplats invid inlandsisen - NLL". Archived from the original on 2012-01-19. Retrieved 2011-07-05.

[1]

[2]

[3]

[4]

Kaunisvaara

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Mining

History

References