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With premium iron-ore pellets, Northland doubles mine NPV

Mineweb | May 19, 2011 | 12:03 am Iron Ore 
Sweden outline mining

Northland Resources (TSX: NAU) sees about twice as much cash flowing into its coffers once Kaunisvaara, its flagship iron-ore project in Sweden, reaches production in 2013.

The projected boost in part stems from reconsideration of the price Northland’s iron-ore pellets might command. “Northland has long been convinced that the market will highly value the high Fe-content (69%) and low levels of impurities (e.g. 1.1% SiO2 and 0.2% Al2O3) in its concentrate,” the iron-ore junior noted in a press release.

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