Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Nordic Mines Climbs Most in Three Weeks on Ore: Stockholm Mover

Nordic Mines AB, a Swedish gold explorer, climbed the most in three weeks in Stockholm trading after saying ore reserves at the Laiva mine in Finland are larger than previously estimated.

It rose as much as 8.8 percent, the biggest advance since April 18. It said proven and probable reserves were an estimated 16.9 million metric tons, up 4 million tons on the prior figure, with an average gold content of 1.60 grams (0.06 ounces) a ton.

“This indicates that the Laiva mine, located outside Raahe in central Finland, is one of the largest gold deposits in the Nordic region,” the explorer said in a statement. The estimates suggest it holds 27,000 kilos of gold, the Uppsala-based company said, adding it will investigate the mine and nearby areas.

Nordic Mines rose 4.1 percent to 35.40 kronor by 1:07 p.m. local time, the biggest gainer in the Stockholm All Share index.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.