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The Laiva mine - history

Nordic Mines claimed the gold deposit in Laiva in 2005. Since then, Nordic Mines has conducted systematical drilling of the deposit. Focus has been on obtaining greater knowledge about the parts of the deposit that will mined until 2017.

Between 1981 and 1987, Outokumpu conducted exploration work at the Laiva mine and gathered some information about the deposit, which was obtained in conjunction with the mining claim. The first indication of gold came when the Finnish amateur geologist Pentti Jämbäck’s dog caught the scent of a badger during a skiing trip in the forests outside Raahe at the beginning of the 1980’s. Chasing the dog, Pentti Jämbäck caught sight of something that was glittering on a piece of rock sticking out of the snow. This was how one of the biggest gold deposits in the Nordic region was discovered; Laiva, the badger’s gold.