Northland’s Kaunisvaara iron ore project 'could be sold by end-June'

Bankrupt Swedish iron ore miner Northland Resources’ flagship Kaunisvaara project could be sold before the summer holidays, the company’s receiver told Steel First on Tuesday May 12.

“We are having discussions and negotiations with parties interested in Kaunisvaara and aim to complete the sales process before the summer break starts [at the end of June],” Hans Andersson, a lawyer at Advokatbyrån Kaiding and official receiver of Northland’s Swedish subsidiaries, said.



Nina Nasman

May 13, 2015

09:02 GMT