Mining company Nordic Mines has received a $ 500,000 shareholder loan to complete ore sorting tests at the Raahe Goldmine.
Also, a $ 1 million additional funding is being negotiated. In addition, the company is currently negotiating a $ 1 million additional funding to enable it to take the necessary measures in the mine before deciding to resume production of gold in Raahe.
The company has been testing the ore-milling technology based on optical technology in the Raahe Goldmine. Preliminary results of the tests are characterized as encouraging.
In September, Nordic Mines will begin a large-scale test of 6 to 8 weeks to validate the good results of testing new mining technology.
