Active mines and project after type and size shows the intensity of mineral deposits in the Fennoscandian Shield
24 February, 2015
In the recent years rising prices and market liberalisation haves made investment in the prospecting for and the production of minerals much more interesting. This is particularly visible on the Fennoscandian Shield, which is recognised as having a minerals potential of global importance. Just within the traditional Sápmi area, there are currently 40 functioning mines in the region and within a few years there could be as many as 84. The mining industry is however highly dependent on global market prices. Even if the mining industry can provide economic profits and significant development opportunities for these areas, the existence of mineral resources may nevertheless pose a significant challenge in relation to existing regional livelihoods such as reindeer herding, forestry or tourism and to natural resource endowments such as natural parks or natural environment assets, particularly in relation to the use of hazardous chemicals in the production process.
Map ID: 0859
Designer/Cartographer
Johanna Roto
Data source
Fennoscandian Ore Deposit Database, Metallogenic Map, 2013 update. Bergsstaten, Bergvesenet, GTK, company homepages
Published 24 February 2015
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Source: Nordregio at www.nordregio.org
