Kiruna iron ore mine closed. · AditNow Community

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rikj
50.2% (Neutral)
Newbie Topic Starter

5 years ago

Closed after a "large seismic event", presumably read catastrophic hanging wall collapse somewhere, fortunately workers out safely.

https://www.mining-journal.com/bulks/news/1387175/lkab-closes-kiruna-after-earthquake

Worked by sub level caving, but the fact they are moving a whole town because of anticipated subsidence means this can't have been that unexpected.

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Buckhill
50.2% (Neutral)
Newbie

5 years ago

Today's update:

https://www.mining-journal.com/bulks/news/1387258/no-word-yet-on-production-restart-at-kiruna

John Lawson
50.2% (Neutral)
Newbie

5 years ago

Given this instability and the facts that our two largest Mining companies BHP & RTZ operate their iron mines using opencast operations one wonders about the long term economics of these high grade Swedish deposits.

Coggy
50.2% (Neutral)
Newbie

5 years ago

The Chinese Belt and Road have their eyes on this valuable source of iron ore

if eight out of ten cats all prefer Whiskas
Do the other two prefer Lesley Judd ?

somersetminer
50.2% (Neutral)
Newbie

5 years ago

"John Lawson" wrote:
Given this instability and the facts that our two largest Mining companies BHP & RTZ operate their iron mines using opencast operations one wonders about the long term economics of these high grade Swedish deposits.

The Swedes look after their mining and metal production industries, that has been the case for a long time, they are bound to continue to do so even using Chinese money to to do it

John Lawson
50.2% (Neutral)
Newbie

5 years ago

One has to consider that we had a world class heamatite iron deposit in West Cumberland, with out put going to,its owner British Steel, yet all these mines are now closed down. Yet BHP and RtZ are major producers of high grade iron ores!
From their vast reserves in Western Australia!
Which is worked open cast concentrated then put in trains then shipped by bulk tanker to China!

Minegeo
50.2% (Neutral)
Newbie

5 years ago

Premium price for hi Fe Kiruna magnetite (with natural fluxes included in the mineral makeup). Mine will reopen.