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If they do take a passing interest several will dismiss the region as becoming more than taxed, also bureaucratic and having an excess of labor protectionism and welfare rewards that will influence their bottom lines and so be less desirable investments than other folks in the mining sector.
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Even though not disputing that this perception of t...
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Sweden, Norway and Finland do not instantly come to mind when North American and UK investors are taking into consideration mining stocks to add to their portfolios.
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If they do take a passing interest several will dismiss the region as getting more than taxed, as well bureaucratic and getting an excess of labor protectionism and welfare positive aspects that will influence their bottom lines and so be much less desirable investments than others in the mining sector.
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While not disputing that this perception of the area is inaccurate, there are other aspects which merit a closer research.
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For instance there are mines that have been in steady production given that as early as the sixteenth century, if not earlier.
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This has led to a stable workforce that is amongst the most proficient in the business with a consequent benefit to productivity.
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The long established mining companies have not stinted on investing in the latest engineering and gear generating their operations amongst the most price efficient of any worldwide.
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Long term development prospects appear promising as all 3 countries are actively engaged in encouraging the development of mining.
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Add to this is the reality that parts of the region are abundant in base and precious metal bearing ores and also coal makes it a worthwhile area for the investor to take more than a superficial interest in.
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To get you began have a search at the internet sites of the following mining businesses with operations in Scandinavia :-
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Boliden AB (Quoted on Stockholm SE)                                Minerals Ltd (quoted in Canada & Australia)        Billiton (quoted London, New York & Australia)        ( Luossavvaara-Kiiravaara AB-State owned)            Mineral Sources plc (London AIM Mkt)                  Diamonds plc (London AIM Mkt)                        American plc (quoted London &ors )
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Revision as of 22:15, 19 November 2012

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