Outside Kiruna, in one of the world’s premier mining areas, you will find the Viscaria mine close to the European Motorway E10, the Iron Ore Railway line, and the well-established water power network. The location gives Viscaria a strategic position for logistics and energy provision.
The Viscaria mine was previously in operation in the 1980’s and 90’s, but closed down after the demand for copper decreased around the turn of the millennium. Since then, needs have changed; society is switching to more renewable energy sources, and metals are a key factor in the transition. Since the 1990’s, global demand for copper has doubled, which means that Viscaria’s assets are in demand again. Earlier exploration showed that Viscaria’s deposits contained 3 million tonnes of copper-bearing rock. More recent explorative drilling has indicated that Viscaria contains 93 million tonnes of copper-bearing rock and could produce around 30,000 tonnes of copper per year. If the mine reopens, it could be one of the largest copper producers in Northern Europe.
2025 is an important milestone in Copperstone’s history. Our goal is for the Viscaria mine to be in full production by then. The road that leads there is lined with important planning permits.
See time plan (SWE)
Mining zones A, B and D
Zone A is a copper-rich deposit with a smaller concentration of zinc and gold. Zone B is considered to be a second lens of the mineralisation in zone A. Zone D’s mineralisation is of a different type to zones A and B. In our annual report, we explain more about our copper levels and the degrees of mineralisation in the zones.Annual report SWE