Business Concept, Objectives and Vision
Endomines’ business concept is to develop and extract gold and ilmenite deposits to economically profitable mines with a primary focus on the Pampalo Mine and other gold deposits along the Karelian Gold Line.
Objectives and Vision
The business concept of Endomines is to develop profitable gold and ilmenite
deposits, primarily in Finland, and after the exploration phase, to move to
actual industrial mining production. The company will initially prioritise
the gold production.
Endomines vision is to participate in the future structural transformation
and consolidation of the Nordic mining industry. The Company may therefore
be involved in acquisitions of interesting deposits or companies, should
such opportunities arise.
Business environment for mining
The prerequisites for exploration and development of ore deposits in Finland
are good. The infrastructure is well developed, the political environment is
stable, and it is possible to obtain concessions for large areas. In Finland today,
there is exploration for gold, platinum, base metals, diamonds,
uranium and industrial minerals.