RAMPING UP RESULTS Endomines AB specialises in mining for gold along the Karelian Gold Line in eastern Finland. Philip Yorke talked to Markus Ekberg, the company’s CEO, about the success of its new Pampalo mining operations and its prospects for further expansion in Finnish Lapland.
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ndomines was founded in Finland in 1996 and is today comprised of the parent company Endomines AB and two wholly owned subsidiaries: Endomines Oy and Kalvinit Oy. The operations of Endomines Oy concentrate on exploration, development of gold deposits and gold mining activities. Kalvinit Oy is focused on the development of
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the company’s industrial ilmenite deposits. These subsidiaries were both founded in the mid-1990s and have been financed by private individuals and leading Finnish institutions since their inception. Currently all the company’s mineral deposits are located in Finland, but this may change to include other Nordic countries in the longer term.
Success was achieved early when the parent company, Endomines AB, was transformed from a minor exploration company to a fully fledged mining company in 2009 and made ready for commercial production. Construction of the company’s Pampalo mine was completed before the end of 2010, on target and within budget. Subsequently,
