In Aitik, Garpenberg and Kevitsa, the situation with Mineral Resources and Mineral Reserves is good. During the year, significant additions were made to the Mineral Resources in Garpenberg and in Tara. The annual mining reduces the Mineral Reserve and what has been mined has been able to be fully replaced in Garpenberg and in the Kristineberg mine in the Boliden Area. A new Mineral Resource in Strömfors, the
"Significant Mineral Reserves at several of our mines in combination with additional opportunities being identified are of course very positive. In parallel with our own exploration, the collaborative projects we have been involved in have been carried on", says Stefan Romedahl, director Business Area Mines,
The cost of exploration in 2021 was
Aitik
In Aitik, work continues on preparing the Liikavaara deposit, approximately 3 km northwest of Aitik, for mining. Exploration and evaluation are also underway at the Nautanen deposit, approximately 15 km north of Aitik. In Aitik, including Liikavaara, the Mineral Reserve largely decreases with what was mined during the year, 40.1 Mton. Mineral Resources in Liikavaara increase by 7 Mton. In Aitik, no new calculation of Mineral Resources has been made in 2021 and the figures from last year remain.
The Boliden Area
In the Boliden Area, a new Mineral Resource is added in Strömfors. In addition, parts of Rävliden have been converted to Mineral Reserve. This means for the entire area that both Mineral Resources and Mineral Reserves increase by 4 and 9 percent respectively. In 2021, 1.6 Mtons were mined and milled.
Garpenberg
Garpenberg has very good foresight regarding Mineral Resources and Mineral Reserves. Exploration and technical studies have been successful during the year. Mineral Resources have increased by 17 Mton (27%) and the Mineral Reserve has increased by 4.2 Mton (5%). In 2021, 3.1 Mton was milled in Garpenberg.
Kevitsa
In Kevitsa, 9.5 Mtons were mined and milled in 2021. Some minor additions due to design changes and infill drilling led to a reduction in the Mineral Reserve by only 4.6 Mtons (4%). The drilling campaign that ended in 2021, to fill gaps in the borehole pattern and investigate possibilities for a further retake, unfortunately led to a reduction in the Mineral Resource. Mineral Resources, which are tonnage outside the now planned final open pit (Mineral Reserve), decreased by 41 Mton (23%).
Tara
In Tara, both the production and the investigations of the mineralization
Calculation of Mineral Resources and Mineral Reserves, 2021
Planning prices Long-term prices 2021 Change compared to 2020
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Molybdenum
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For further information, please contact:
Mail: klas.nilsson@boliden.com
This information is information that
https://news.cision.com/boliden/r/mineral-resources-and-mineral-reserves-2021,c3504533
https://mb.cision.com/Main/997/3504533/1533596.pdf
https://mb.cision.com/Public/997/3504533/81f1be9f5a8795f7.pdf
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