Sydvaranger

Sydvaranger is an iron ore mining company nestled in the community of Sør-Varanger in Northern Norway. The company has entered an exciting growth phase, increasing recruitment as the company undertakes significant mine engineering technical works and operational readiness preparations to underpin a robust long-term operation. Operations will recommence in 2020.

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 19, 2019

Sydvaranger gets final mining permit - all permitting works completed

Sydvaranger received the mining concession from the Norwegian Ministry of Trade on March 19th. The permit provides the predictability necessary for long-term sustainable operations.

October 31, 2018

Sydvaranger Succeeds in Securing a Partner; Progressing Towards a Restart of Operations

Sydvaranger AS is pleased to announce that it has closed a financing with Orion Mine Finance, which is Orion’s first step in supporting the continued development of the Sydvaranger iron project toward a restart of operations during 2019. Contingent upon final permitting with satisfactory terms being received soon and subject to the final approval of Orion’s Investment Committee, Sydvaranger expects Orion’s increased involvement.

August 31, 2017

Historical drilling can give Sydvaranger valuable new information

Sydvaranger has studied and analysed historical drill core in order to make a new geological model