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click for satellite view
| Location: |
Finland |
| Ownership: |
100% |
| Type of mine: |
underground |
| Type of ore body: |
volcanogenic massive sulphide deposit |
| Primary metal: |
copper |
| Secondary metal: |
zinc |
| End product: |
copper and zinc concentrate |
| Mining method: |
sub-level and bench stoping |
| Opened: |
1962 |
| Expected mine life: |
2018 |
| Average reserve grades: |
copper – 1.1%, zinc – 2.2% |
| Infrastructure: |
close to roads and rail connection at property |
| Employees: |
219 |
| Contractors: |
45 |
As at December 31, 2008.
Pyhäsalmi is an underground copper and zinc mine located in central Finland.
It produces three types of concentrates: copper, zinc and pyrite. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to several customers in Europe and Asia as well as in the spot market. In 2008, 65 percent of Pyhäsalmi’s revenue was from copper, 35 percent was from zinc.
Targets and results
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three months ended
December 31 |
year ended
December 31 |
objective |
| |
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2009 |
2008 |
change |
2009 |
2008 |
change |
2010 |
| Tonnes of ore milled(000's) |
|
349 |
356 |
- 2% |
1,396 |
1,406 |
- 1% |
1,370 |
| Tonnes of ore milled per day |
|
3,790 |
3,870 |
- 2% |
3,820 |
3,850 |
- 1% |
3,750 |
| Grades (percent) |
copper |
1.1 |
1.0 |
+ 10% |
1.1 |
1.0 |
+ 10% |
1.0 |
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zinc |
3.1 |
2.1 |
+ 48% |
2.2 |
2.2 |
- |
2.5 |
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sulphur |
39 |
42 |
- 7% |
41 |
42 |
- 2% |
42 |
| Mill recoveries (percent) |
copper |
97 |
96 |
+ 1% |
96 |
95 |
+ 1% |
94 |
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zinc |
92 |
90 |
+ 2% |
90 |
91 |
- 1% |
90 |
| Production (tonnes) |
copper |
3,600 |
3,400 |
+ 6% |
14,600 |
13,300 |
+ 10% |
13,400 |
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zinc |
9,700 |
6,800 |
+ 43% |
27,100 |
27,800 |
- 3% |
31,300 |
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pyrite |
60,900 |
81,700 |
- 25% |
383,900 |
565,000 |
- 32% |
420,000 |
| Cost per tonne of ore milled (C$) |
|
$48 |
$44 |
+ 9% |
$44 |
$42 |
+ 5% |
$43 |
quick links
Download the Pyhäsalmi section from our fourth quarter press release for the most recent update.
Download the Pyhäsalmi section from our 2008 annual review.
Pyhäsalmi 2008 sustainability report
(PDF English - 186 kB) (PDF Finnish - 185 kB)
Latest news
Access any of our news releases in this section
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