Sydvaranger

Sydvaranger is an iron ore mining company nestled in the community of Sør-Varanger in Northern Norway. The company is currently undertaking significant mine engineering technical works and operational readiness preparations to underpin a robust long-term operation.

Sydvaranger produces a high performance, low energy magnetite iron ore concentrate from its mining and processing facilities which is in high demand from customers throughout Europe, the Middle East and Asia.

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History

Sydvaranger has a long mining history. Mine inspector Tellef Dahll first discovered iron ore deposits in 1866, and in 1905 Christian A. Anker was granted a permit to mine in Sør-Varanger. German, Swedish and Norwegian private capital was invested in 1906, and the first load of iron ore was railed from the Bjørnevatn ore deposit to the town of Kirkenes in 1910. The towns of Kirkenes and Bjørnevatn both developed as a result of the mining operations.

News

March 1, 2023

Sydvaranger Mining Announces the Transfer of Sydvaranger to Orion Mine Finance

Sydvaranger Mining AS (“Sydvaranger”) is pleased to announce that it was acquired by Orion Mine Finance (“Orion”) on 15th February 2023 from Tacora Resources. Orion, headquartered in New York, is one of the world’s largest mining-focused investment funds and been a financial partner involved in the project since 2018.

July 8, 2022

Skills development in Sydvaranger!

After three years of study at the Technical college in Kirkenes, Cato Johansen and Kim-Gøran Pettersen can call themselves Construction and Mining engineers with specializing in mining! In collaboration with Sydvaranger, they wrote their thesis on improvements to the processing plant in Kirkenes, as well as the design of a new crusher in Bjørnevatn.

February 17, 2022

Press release - Tacora Resources Inc. Announces Closing of Tack-On Senior Secured Notes Offering