our operations
Pyhäsalmi
 

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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 – 2.1%
Infrastructure: close to roads and rail connection at property
Employees: 225
Contractors: 64

As at December 31, 2010

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.

Targets and results


 

 

three months ended
September 30
nine months ended
September 30

revised
objective
    2011 2010 change  2011 2010 change 2011
Tonnes of ore milled(000's)   351  351 - 1,038  1,051  -1% 1,370
Tonnes of ore milled per day   3,800 3,800 - 3,800 3,800 -1% 3,750
Grades (percent) copper 1.0 1.2  -17% 1.1 1.1 1.0
  zinc 2.9 2.9  2.7 2.3 +17% 2.6
  sulphur 41  40 +3%  41 43 -5% 43
Mill recoveries (percent) copper 95 95 - 96 96 - 95
zinc 90 90  91 90 +1% 90
Production (tonnes) copper 3,200 3,900  -18% 10,500  10,800  -3% 13,300
  zinc 9,100  9,100  25,600  21,900  +17% 31,900
  pyrite 210,100 62,000  +239% 594,300  397,000 +50% 800,000
Cost per tonne of ore milled (C$)   $41 $35 +17% $42 $38 +11% $42



quick links

Download the Pyhäsalmi section from our third quarter press release for the most recent update.

Download the Pyhäsalmi section from our 2009 annual report.

Latest news
Access any of our news releases in this section

 
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