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12th Fennoscandian Exploration and Mining (FEM 2019)

 
 Jani Lösönen, Managing Director, Agnico Eagle Finland Oy

MAIN SPONSOR'S WELCOME

It is a great pleasure for us to welcome you all to the 12th Fennoscandian Exploration and Mining Conference to be held again at the beautiful Levi Ski Resort in Lapland, Finland.

With over 1000 participants, this event has become the most significant exploration and mining industry event in Europe. It is a perfect place to hear the latest news in mining industry as well as meet your colleagues. We are very delighted to sponsor the conference again in 2019.

Looking forward to a great conference and wishing you all good time in Levi.

Sincerely,
Jani Lösönen, Managing Director, Agnico Eagle Finland Oy

Agnico Eagle Finland Oy   " Agnico Eagle Mines Limited is a Canadian-based international gold mining company with eight operating mines in Canada, Finland and Mexico, and exploration and development activities in Canada, Finland, Sweden, Mexico and the U.S. The company is listed on the New York and Toronto stock exchanges.

The company's Kittilä mine is the largest primary gold producer in Europe. Its proven and probable gold reserves contain 4.1 million ounces (26.8 million tonnes at 4.74 g/t gold) as of December 31, 2017. According to the current estimates, the mine will continue its operations till 2035.

The Kittilä mine is located in northern Finland, approximately 900 kilometres north of Helsinki and 150 kilometres north of the Arctic Circle.

Early 2018 the company started an expansion investment at Kittilä mine. A 1,044 metre deep shaft will be built in the mine. At the same time, the processing plant's processing capacity will be raised from the current 1.6 million tonnes per annum to 2.0 million tonnes per annum. Annual gold production is expected to grow from current level of 200,000 ounces to 250,000 -270,000 in the coming years."