Pahtavaara has generated EBITDA of more than SEK 60 million during 2010. Fourth quarter 2010 * Sales were 44.3 MSEK (47.8 MSEK) * Result before depreciation was 4.2 MSEK (-10.7 MSEK) * Net loss was -24.5 MSEK (-21.5 MSEK) and has been adversely affected by a write-down of the concentrat ...
The conference call will be held in English. To participate in the meeting please call +46 (0)8 5352 6440 or +44 (0)20 7136 2051 and follow the instructions. The access code for the meeting is 407 9668. Please dial in 5-10 minutes prior to the start of the meeting using the dial number and access ...
- Lappland Goldminers report uppdated ore reserves and mineral resources at the Pahtavaara gold mine as well as updated mineral resources for gold mineralization at Ersmarksberget - The mineral resources and ore reserve at Pahtavaara strengthen our understanding ...
* The forecast for the 2010 gold production of at least 22 500 ounces were achieved already during the month of November * Gold production in Pahtavaara in the fourth quarter amounted to 5795 ounces October - December January - December ...
- Work to complete the feasibility study continues Scoping level sensitivity studies carried out by Golder Associates indicate that at the current gold price of USD 1,400 per ounce, using a discount rate of 8 % and assuming that all inferred resources can be converted to measured and / or indic ...
The full year forecast for the gold production was achieved already in November. At the beginning of the third quarter gold production at Pahtavaara increased when richer ore bodies became available for mining. The high production levels have continued into the fourth quarter when gold grades and go ...
Record gold production in the third quarter Third quarter 2010 * Sales were 50,2 MSEK (28,1 MSEK) * Result before depreciation was 13,0 MSEK (-23,1 MSEK) * Net loss was -1,8 MSEK (-28,4 MSEK) * Basic result per share was -0,02 (-0,38) * Goldproduction was 7 198 ounces (3 104 ounces) J ...
The conference call will be held in English. To participate in the meeting please call +46 (0)8 5051 3643 or +44 (0)20 7806 1967 follow the instructions. The passcode for the meeting is 421 4004. Please dial in 5-10 minutes prior to the start of the meeting using the dial number and passcode above ...
* Henrik Grind has been appointed as new head of operations for Lappland Goldminers Finnish gold mine Pahtavaara, while retaining responsibility for Ersmarksberget. He has extensive experience in running mining operations. As head of operations at the mine Grind's primary responsibilit ...
* Gold production at Pahtavaara during the third quarter was 7,198 ounces (2009 - 3,104 ounces). The highest quarterly production at Pahtavaara in the history of the company. * Gold grades in the ore delivered to the mill during the third quarter were significantly higher than previous ...
The Board of Directors of Lappland Goldminers AB (publ) has decided to apply for delisting of Lappland Goldminers shares from the OTC list in Norway. Almost all trading of the company's shares take place through First North in Sweden and it is therefore not optimal from an administrative and cost ...
The Board and the management of Lappland Goldminers have, in view of the work intense phase for several of the company's projects, identified a need for the Board to take a more active role in the company's development. To achieve this, the Board and the management opinion is that a working ...