Otanmäki Mine has signed a Memorandum of Understanding with Traxys North America LLC

Otanmäki Mine Oy has signed a Memorandum of Understanding (MOU) with Traxys North America LLC. According to the MOU, Traxys has the exclusive right to market and trade metal concentrates produced by Otanmäki Mine’s mining operations. The aim is to conclude the final marketing/off take agreement before the end of 2022. The most significant item […]

Passive Seismic Survey in Otanmäki

Otanmäki Mine has carried out a passive seismic survey in Otanmäki in cooperation with the University of Oulu. A total of 500 geophones were installed in two NW-SE direct lines across the Otanmäki gabbro intrusion. In addition, 44 geophones were installed in a circular line around Otanmäki. The aim of passive seismic measurement is to […]