Boliden AB, Laver copper mine

The Laver project is an advanced exploration stage bulk open pit copper-gold-silvermolybdenum mining project focused on developing the Laver deposit in Norrbotten county, northern Sweden. The project has contained estimated Mineral Resources at the Laver deposit since 2012, with the latest Mineral Resource estimate completed in 2013. Exploration, technical, and economic evaluations at the Laver deposit have advanced to scoping study level. No Mineral Reserves are currently estimated within the project. Multiple key permits are outstanding in the Laver project that are required prior to development of the deposit. These include the mining concession permit, as well as multiple environmental permits. Work is currently ongoing internally within Boliden focused on permitting, improving, and advancing the Laver project.