News from the mine

News from the mine

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February

2017

Terrafame secured private financing

10.2.2017

Terrafame Group Ltd., Terrafame Ltd., Trafigura Group and its investment arm Galena Asset Management have today on February 10, 2017, agreed on a funding arrangement and long term commercial collaboration. Terrafame Group and Sampo plc act as co-investors...

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INVITATION to Terrafame Group press conference on Friday, 10 February 2017

10.2.2017

Terrafame Group hosts a press conference today, 10 February 2017, at 13:30 EET regarding a financial arrangement concerning Terrafame. Finnish Minister of Economic Affairs Mika Lintilä, representatives of Terrafame Group Ltd. and Terrafame Ltd., as wel...

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January

2017

Terrafame’s EBITDA positive in the fourth quarter of 2016 – Full-year net sales exceeded EUR 100 million

19.1.2017

Key figures in January−December 2016 14.2 million tonnes of ore was stacked on the primary leaching heaps. 11,584 tonnes of nickel and 27,868 tonnes of zinc were leached. 9,554 tonnes of nickel and 22,575 tonnes of zinc were produced. Net sale...

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Environmental licence granted to the central water treatment plant by the Regional State Administrative Agency

5.1.2017

The Regional State Administrative Agency for Northern Finland has granted Terrafame Ltd. an environmental licence, which allows the company to introduce a new central water treatment plant. The plant will gradually replace the smaller water treatment unit...

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December

2016

The fire at Terrafame’s hydrogen sulphide plant is under control – no injuries

16.12.2016

On Friday 16 December 2016 at about 10.45, a fire broke out at the hydrogen sulphide plant in Terrafame’s mine area in Sotkamo. The fire, which was narrowed down to one H2S reactor at the hydrogen sulphide plant, was quickly brought under control. The ...

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Kainuu Regional Rescue Authority and Terrafame expand rescue collaboration to improve local safety

9.12.2016

Kainuu Regional Rescue Authority and Terrafame Ltd. have entered into a collaboration agreement on expanding rescue services. With the agreement, Terrafame’s fire brigade and its equipment may be used outside the mining site for various emergency assignme...

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Terrafame's environmental impact assessment programmme published

1.12.2016

Opinions on the environmental impact assessment programme concerning Terrafame’s continued mining operations and their development or the mine’s shutdown (the so-called production EIA) may be submitted to the Kainuu Centre for Economic Development, Transp...

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November

2016

Terrafame’s new centralised water purification plant enters trial use

18.11.2016

A new centralised water purification plant has been completed at Terrafame Ltd. in Sotkamo. With the completion of the plant, water purification in the area will be concentrated to one location. The centralised water purification plant will greatly simpli...

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Report: Terrafame has a great impact on the economy of Kainuu and Finland as a whole

16.11.2016

According to a report by consultancy firm Ramboll Finland Oy, Terrafame Ltd.'s multi-metal mine and metals recovery plant are highly important for the vitality of the Kainuu region. The impact on employment and the economy also extends to other regions in...

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State owner ensures Terrafame’s ability to complete financing negotiations

11.11.2016

The Ministerial Committee on Economic Policy has discussed Terrafame’s situation today, 11 November 2016. The Ministerial Committee on Economic Policy has revised its decision made in May 2016 by allowing the negotiations aimed at securing private financi...

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Terrafame: the prerequisites for profitable mining operations strengthened significantly in the third quarter

7.11.2016

Ramp-up and operations of the mine in brief: In July–September 2016, the ramp-up and operations of the Terrafame mine continued to proceed according to plans. The most central production goals were met and costs were below budget in the third quarter. ...

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Terrafame pilots four new solutions for process water management at the mine

4.11.2016

Terrafame Group Ltd.’s water technology project has progressed to the pilot phase where the purification solutions of the waters at the mine area will be tested in practice at the Sotkamo mine Minimising the sulphate concentration would further decrease ...

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September

2016

New appointments in the Management Team of Terrafame: Chief Communications Officer, Chief Production Officer and Chief Technology Officer

14.9.2016

Terrafame Ltd. strengthens the company’s management by appointing Katri Kauppila, (b. 1965), M. Sc. (Soc.), as Chief Communications Officer as of 17 October 2016. Kauppila joins Terrafame from Metsä Board Oyj, where she has worked in different management ...

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Terrafame achieved its key targets during the company’s first year of operation

1.9.2016

The ramp-up of the Terrafame mine, located in Sotkamo, started a year ago as ore mining was recommenced on 1 September, 2015, after a near two-year pause. Despite the highly challenging outset, Terrafame Ltd. has achieved its key targets below the budgete...

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August

2016

Environmental impact assessment programme for Terrafame’s water management published

26.8.2016

Opinions regarding the environmental impact assessment (EIA) programme for Terrafame’s water management may be submitted to the Kainuu Centre for Economic Development, Transport and the Environment (Kainuu ELY Centre) by 4 October, 2016 As part of the h...

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