.
Latest annual report
Mega Nav Image
Latest annual report
Mega Nav Image
The Difference Makers
Mega Nav Image
The Difference Makers
Mega Nav Image
environment
Mega Nav Image
A world-class portfolio
Mega Nav Image
Sustainability Report 2017
Mega Nav Image
Q3 2018 PRODUCTION REPORT
Mega Nav Image
How to become a supplier
Mega Nav Image
skip to main content

Anglo American’s Update on the Status of the Sakatti Mining Project

28 February, 2017

Anglo American announces that the pre-feasibility study of the Sakatti mining project was launched at the end of 2016.

At the moment, the pre-feasibility study explores the project option of an underground mine, which would be executed with cut and fill and blasthole stopping methods. The central factors to be assessed in the study are the options for the mine entrance and mining, ore concentration alternatives, and finding the most suitable locations for the mine infrastructure and tailings storage area.

Anglo American is also conducting an environmental impact assessment and social impact assessment (EIA and SIA). The assessments are carried out in accordance with Finnish requirements and the performance standards of the International Finance Corporation (IFC). The assessment is participatory and aims to take the views and opinions of stakeholders into consideration as comprehensively as possible. The assessment examines the social and environmental impact and acceptance for the project.

Anglo American recognizes that the Sakatti ore deposit is located under the sensitive area of the Viiankiaapa mire. The mire is protected under the Mire Conservation Program and it also belongs to the Natura 2000 network. Our aim is to plan the project so that negative impacts to biodiversity are avoided, minimized and alleviated. The possible negative impacts to biodiversity would be compensated in accordance with Finnish requirements and global best practices.

The ore deposit of the Sakatti project, found by Anglo American during the early phase of ore prospecting, is located 150 kilometers north of the Arctic Circle. The deposit contains significant amounts of copper, nickel, platinum, palladium and gold, and it is one of the most significant sulfide-rich Ni-CU-PGE ore deposits in Finland and Europe in over a generation.

For further information, please contact:

Media  
Finland  
Jukka Jokela  
Tel: +358 (0) 400 159 610  
United Kingdom  
James Wyatt-Tilby  
Tel: +44 (0)20 7968 8759  
Marco Esquivel  
Tel: +44 (0) 20 7968 8891  

Notes to editors:

Anglo American is one of the world’s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses meets our customers’ changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. At Anglo American, we are committed to working together with our stakeholders – our investors, our partners and our employees – to create sustainable value that makes a real difference, while upholding the highest standards of safety and responsibility across all our businesses and geographies. The company’s mining operations, pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe. Anglo American has been exploring in northern Lapland for the past ten years. In 2011, it founded a Finnish entity in Sodankylä to explore The Sakatti Cu-Ni-PGE deposit, located 25km north of Sodankylä.)

www.angloamerican.com