Mining
Mining in proven areas
Nidhogg Resources Holdning AB identifies and develops projects in historically known mining areas including but not necessarily limited to tailings, slag heaps, open pits and prematurely closed mines as an alternative to time and cost-consuming exploration and traditional mining.
The company has identified the following advantages with this operation:
Lower geological risk
Shorter and simpler permitting process
Lower relative costs both in regards to opex and capex
Sweden – A Premier Destination for Mining Investment
Sweden boasts a rich mining heritage that spans centuries—from the early days of iron production that powered European industries to today’s cutting-edge mining innovations. This enduring legacy not only reflects a profound understanding of the earth’s resources but also a continual evolution in sustainable and technologically advanced extraction practices.
A Storied Mining Tradition
Mining has been a cornerstone of Sweden’s economy since medieval times, with historical mining sites that played pivotal roles in shaping national prosperity. Over the centuries, Sweden has refined its mining techniques, blending age-old expertise with modern innovations. This historical context forms the foundation of a highly developed mining sector that continues to thrive in today’s global market.
A Modern, Stable Investment Climate
Today, Sweden stands as one of the world’s top mining jurisdictions, underpinned by a robust regulatory framework, political stability, and a commitment to environmental stewardship. The country’s transparent legal system and proactive government support provide investors with a secure and predictable environment, ensuring that opportunities in Sweden’s mining industry are both sustainable and lucrative.
Innovation Meets Tradition
Sweden’s mining industry is synonymous with technological excellence. From the integration of advanced automation and digitalization in mining operations to pioneering efforts in eco-friendly extraction methods, Swedish companies are leading the way in combining tradition with innovation. This unique blend of historical know-how and modern technology makes Sweden an ideal hub for investments that are geared toward future growth.
Abundant Natural Resources
The country is richly endowed with a diverse array of mineral resources, including iron, gold, copper, silica, and rare earth elements (REE). Sweden’s strategic location in the heart of Europe further enhances its appeal, offering excellent access to major markets and a well-established infrastructure that supports efficient transportation and logistics.
Why Invest in Swedish Mining?
Historical Expertise: Leverage centuries of mining knowledge and proven practices.
Modern Innovation: Benefit from cutting-edge technology and sustainable extraction methods.
Regulatory Stability: Invest in a jurisdiction known for its robust legal and regulatory frameworks.
Strategic Location: Enjoy easy access to European markets and a well-developed transport network.
Abundant Resources: Tap into a wealth of mineral assets that power global industries.
At Nidhogg Resources Holding AB, we recognize that Sweden’s unique combination of historical depth, technological leadership, and strategic stability creates unmatched opportunities for investors. Join us as we harness the power of Sweden’s mining legacy to drive sustainable growth and unlock the potential of tomorrow’s mineral resources.
Mining and Mineral Projects
Tuna-Hästberg, Vintjärn, Kölen, Sellnäsfält and Klintberget
Tuna-Hästberg
Tuna-Hästberg is an old mining area south of Borlänge, Sweden where mining has taken place from 1858 to 1968. Geological Survey of Sweden shows an average iron content of 30% and 4.27% manganese.
The Company has identified an abandoned open pit iron and manganese mine within this area that contain 41,4% of iron (Fe) and 3,75% of manganese (Mn). In 2012 SGU also took a rocksample from the open pit that was later analysed with 39% of iron and >5% of manganese. Work has started on an environmental impact assessment for future test mining in the open pit.
The company also plans to conduct more ground-based geophysical surveys and rock samples to find potential extensions and new areas within this mining area.
Vintjärn and Kölen
Mined iron ore for over 250 years (1725 to 1979). The Vintjärn mine was closed due to political decisions that protected mining in northern Sweden. As a result, most mines in Bergslagen were closed during this time.
Iron and manganese ore concentrations of 35% and 0.5% resp. (source: www.sgu.se).
3.2 mmt left in the mine as tailings according to SGU, with 0.2 mmt ready to be extracted.
The Company is currently working on an environmental permit process for test mining in the Vintjärn iron ore mine.
Geophysical surveys and drilling have taken place in the 1960s and 70s in Kölen, 7 km east of Vintjärn, with a resource estimated of 70 mmt (source: www.sgu.se)
An air-magnetic anomaly is potentially continuous from Vintjärn to Kölen at a distance of 7 km (source: sgu.se). The Company has proven that 1.8 km along this stretch has a ground based magnetic anomaly.
Sellnäsfältet
Sellnäsfältet is an exploration permit within a mining area in Borlänge municipality, Sweden with an iron content of 32.7%. Only two kilometers from this permit REE metals have been found.
The Company intends to carry out a magnetic survey on the Sellnäsfältet. If the magnetic survey is successful a drilling program will be executed to investigate the extent and levels of iron as well as potential REE metals.
The purpose of the permit is to investigate the potential extent of iron in the area and if it contains valuable REE metals. The company assesses that there is potential for REE metals in apatite iron ore within Sellnäsfältet.
Klintberget
Klintberget is an area of 85 hectares in Hagfors municipality, Sweden. Within this permit, high levels of copper (Cu) and molybdenum (Mo) have been found in small iron ore mines by SGU as well as by the previous owner of the exploration permit.
The Company intends to carry out magnetic and electric surveys on the Klintberget acreage to investigate the extent and strength of anomalies that may contain additional copper and molybdenum.