Clarification in response to Finnish media stories on our application to the Environment Protection Agency

In response to information that has appeared in Finnish media, Nordic Mines wishes to make the following clarification: Nordic Mines has applied to the Environment Protection Agency (in Finland) for a licence to release rainwater via the temporary outlet that was used during the development period. Analyses of the water that have been performed do not indicate harmful levels of any substances...

New York, 15/03/2012 (informazione.news - comunicati stampa - varie)

The environment licence Nordic Mines has been granted for the construction and operation of the Laiva mine in Brahestad includes the construction of a dam for collecting rainwater. This dam is used as a source of processing water for the enrichment works. Surplus water from the open cast mine and from the sand thickener are pumped back to the dam. The environment licence also specifies that a pipe be laid to the sea in 2012 through which surplus water will be released.

The background to this new application is the above normal precipitation over the past year which has meant the water level in the dam today is higher than planned. If precipitation were to be higher than normal over the next six months, the level could rise above the flood control capacity of the dam.

To avoid this, on 10 March Nordic Mines applied to the Environment Protection Agency for a licence to release rainwater via the temporary outlet that was used during the development period.

Michael Nilsson, CEO of Nordic Mines. Tel +46 (0)18 843 4501, mille@nordicmines.se .

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