Mineral Resources and Mineral Reserves 2025
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
Company Research
Source: PR Newswire
STOCKHOLM, Feb. 3, 2026 /PRNewswire/ --"Across our operations, we delivered strong growth in Mineral Resources this year, driven by successful exploration and favorable economic assumptions. Garpenberg, the Boliden Area, and Nautanen were key contributors to this achievement. Additionally, Mineral Reserves have increased in both acquired units as well as in the Boliden Area and in Tara, which we of course are very happy about," says Stefan Romedahl, Director Business Area Mines.The cost of exploration in 2025 was SEK 969 m (929).AitikThis year, there was a slight decrease in Aitik's Mineral Reserves of 40 Mtonnes (-4%) mainly due to mining. A new Resource pit optimization, using updated prices, terms and cost model, resulted in an increase of Mineral Resources: Measured and Indicated Resources 214 Mtonnes (36%) and Inferred Resources 63 Mtonnes (20%). Liikavaara, located 3 km from Aitik, began production in 2024, and ramp-up continued through 2025. Liikavaara which is processed togeth
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