Finland and Sweden are shaping up as a new exploration frontier for mining companies, as they widen their global hunt for metals from nickel to gold, according to Sirius Resources NL.
A lack of exploration around existing mines in the two nations and a natural endowment of metals mark them out as a key target, Sirius Chief Executive Officer Mark Bennett said in an interview.
“Finland and Sweden are both really well endowed with gold, nickel, copper and zinc deposits,” Bennett said Monday in an interview in Kalgoorlie, Western Australia. “That’s our sleeping giant, if you like.”
