The journey to become a sustainable mining company
Copperstone Resources AB was formed in 2006. We are a company now scaling up to become a modern and responsibly producing mining company through the reopening of the Viscaria mine in Kiruna, Sweden. The deposit’s high copper grade assessed mineral resources, geographical location and growing team of experts provides good opportunities to become a key supplier of quality and responsibly produced copper – a metal that plays a critical role in Sweden’s and Europe’s climate change towards an electrified society. In addition to the Viscaria mine, Copperstone has several Exploitation Concessions and Exploration Permits in Arvidsjaur (Eva, Svartliden, Granliden) and Smedjebacken (Tvistbogruvan). Copperstone is accordingly represented in the three largest mining districts in Sweden.
Copperstone sees good opportunities to restart the Viscaria mine and estimates that up to 25,000 tonnes of copper per year may be extracted, which would make the Viscaria mine one of the largest copper producers in Northern Europe. The Company´s ambition is to reopen the Viscaria deposit in the year 2023/2024. The Company estimates that the main part of the total investments is expected to be financed by the means of long-term loans, subsidies and possible funds from EU bodies.
“Our focus right now is to complete an application for an environmental permit for the Viscaria project that we intend to submit in 2022. We are also focusing on development of our mine design.”