181:. Mining began in the first quarter of 2012, with the first shipment of iron ore concentrate to market in February 2013. The operation is expected to yield 5 million tonnes per year of iron ore concentrate. A plan to finance further exploration and failed, however, on February 4. Following the failure to place bonds and equity, the project and the whole company Northland Resources are expected to go bankrupt. The Swedish subsidiary of the Norwegian Mining Company Northland, Northland Sweden AB, which consists of the Kaunisvaara Mine, filed for bankruptcy on Friday 8th 2013. The parent Company Northland Resources which is listed on the Oslo Exchange is, however, still operative. Northland has pre-sold 100% of the Kaunisvaara production via off-take contracts, which will last for at least the first seven years of operation. The Company released a Definitive Feasibility Study on the Kaunisvaara Project in September 2010. The Study was updated in May 2011.
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is a publicly traded exploration and development mining company. It currently focuses on iron ore bearing properties located in the northern regions of Sweden and
Finland. The company currently had two principal projects that are inactive: the Kaunisvaara iron concentrate project in Sweden, and the
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The second development project in line is the
Hannukainen project in Finland. A Definitive Feasibility Study on Hannukainen has commenced and is expected to be completed at the end of 2011.
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Project is the
Company's first development project. It is located in Sweden and is expected to be a near-term producer of high-grade iron ore concentrate, consisting of 69%
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264:"Northland Resources: Insolvenz! « Finanztipps « Finanzen « INDUSTRIEMAGAZIN – das Magazin für Ihren unternehmerischen Erfolg"
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2010: Re-domiciled under the laws of
Luxembourg on January 18, 2010 and changed name to Northland Resources S.A.
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316:"Northland Resources S.A Management's Discussion and Analysis For the period ending June 30, 2011"
290:"Northland Resources S.A Management's Discussion and Analysis For the period ending June 30, 2011"
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2008: Company's shares were graduated from the TSX Venture
Exchange to the TSX
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1997: Company listed on TSX Venture
Exchange as North American Gold Inc. (NAU)
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246:"Rohstoffe: Northland Resources: Finanzierung gescheitert, Eisenerzmin…"
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228:"UPDATE 1-Iron ore miner Northland Resources files for bankruptcy"
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project in
Finland. The projects are primarily located within the
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2014: Filed for bankruptcy and trading of shares suspended
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Anders Hvide (Executive
Chairman), Karl-Axel Waplan(CEO)
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Securities related information for
Canadian companies
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Securities related information for
Canadian companies
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200:2005: Changed name to Northland Resources Inc.
165:The company declared bankruptcy Dec. 8, 2014.
197:2003: Commenced conducting business in Sweden
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352:Companies listed on the Oslo Stock Exchange
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78:Mining (exploration and development
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357:Metal companies of Luxembourg
154:shear zone, in the northern
158:(also sometimes called the
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169:Development stage projects
347:Iron ore mining companies
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160:Fennoscandian shield
141:S.A. also known as
139:Northland Resources
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17:Northland Resources
234:. 8 December 2014.
252:on 13 April 2013.
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325:13 September
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272:. Retrieved
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146:Hannukainen
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91:Headquarters
31:Company type
175:Kaunisvaara
341:Categories
274:2013-02-08
214:References
128:.northland
102:Key people
95:Luxembourg
143:Northland
43:Traded as
115:Iron ore
111:Products
75:Industry
65:OTC Pink
314:SEDAR.
288:SEDAR.
232:Reuters
189:History
121:Website
83:Founded
59::
152:Pajala
148:(IOCG)
35:Public
69:NRSRF
327:2011
301:2011
173:The
86:1997
53:NAUR
162:).
130:.eu
126:www
61:NPK
57:FWB
49:OSE
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179:Fe
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