A historic mining area with one of the world’s most modern mines
The Great Copper Mountain in Falun operated for a millennium and the history of the Bergslagen region, covering the municipalities of southern Dalarna, has medieval traditions of mining for iron, base metals, silver and tungsten. Today, Sweden has the richest mineral fields in Europe.
Sweden has the richest mineral fields in Europe, and is the dominant internal EU supplier of iron ore, the second largest supplier of silver, gold, lead and zinc and the third largest producer of copper. Sweden offers world-leading mining expertise, excellent metals and mining infrastructure and a long history of political and economic stability. The Fraser Institute Annual Survey of Mining companies 2013 ranks Sweden as the top political jurisdiction for mining and exploration.
In 2015, global demand decreased mainly in steel, but also in other metals, resulting in lower production and price decreases. Swedish ore production decreased by 11% in 2015 to 72 million tons. This was a break in the trend where ore production increased continuously since 1990. The 2009 financial crisis was a low watermark, but strong increases in ore production in the 2010s led to the record high of 81 million tons in 2014. There have, however, continuously been around 15 to 16 mines in operation in the past 15 years.
Map of active Swedish mines
According to the latest Swedish Geological Survey (SGU) mining map from September 2016, there are 17 mines under the concession law, of which 15 are metal mines and two are industrial minerals mines.
Map of mines in Sweden 2016 (pdf)
Iron ore dominant mineral resource in under-explored area
The Bergslagen region is the traditional mining region of Sweden. Today, Bergslagen is one of the country’s three mining regions, rich in both iron ore and non-ferrous ores. Iron ore is the dominant mineral resource in the region, but the region is also home to the Garpenberg zinc-silver mine – Sweden’s oldest operating mine, one of the most modern mines in the world and Boliden’s most profitable mine in Sweden.
The large mineral deposits in Bergslagen, historically and today, suggest that there may be several large, high-grade deposits in the region yet to be discovered. Since 2005, the number of exploration licenses has increased by several hundred percent in the region of Bergslagen, as both European and global mining and exploration companies have been investing in the region. In 2011, exploration in Sweden reached an all-time high.
Mining and metallurgy R&D
The long tradition of the metal mining industry in Dalarna and Bergslagen has produced a well-developed infrastructure with highly advanced mining and metallurgy R&D.
Technological developments at the Great Copper Mountain in Falun had a profound influence on mining globally for two centuries. Today, Sweden is home to world-class mining companies such as LKAB and Boliden, as well as world-leading equipment suppliers for underground mining such as Atlas Copco and Sandvik.
Center of excellence
Bergkraft Bergslagen is a publically financed project with the primary aim to help generate growth in Bergslagen through exploration, mining and mine-related research. The project has extensive experience in working in the area and has created a unique database, WeBerGIS, including results from previous mining and exploration campaigns, exploration reports, essays, core logs, production data, etc.
Sweden offers world-leading mining expertise, excellent metals and mining infrastructure and a long history of political and economic stability. The Fraser Institute’s 2013 Annual Survey of Mining Companies ranks Sweden as the top political jurisdiction for mining and exploration. The large mineral deposits in the region, historically and today, suggest that there may be several large high-grade deposits yet to be discovered.
- Easy access to information
- Under-explored mining area
- Extensive mining experience
- Excellent mining infrastructure
- Favorable investment climate
Please contact us for information about investment opportunities in Dalarna!