In Finland, Endomines’ production is focused on the Pampalo underground mine, where mining operations started in a larger scale in 2011. Since 2016, Endomines has focused on selective mining of higher grade areas in order to improve the profitability of the mine. Production in 2017 amounted to 398kg (l2,400oz) of gold in concentrate.

Continuation of production in Pampalo after September 2018 would require a sizeable investment in the deep extension of the mine. However, as the current gold price does not support the investment, Endomines has decided to postpone the investment and temporarily suspend gold production in Pampalo. The company will instead focus on exploration along the Karelian Gold Line.

Endomines has its own processing plant at Pampalo. The processing capacity is 420,000 tonnes per annum with an additional production license for up to 450,000 tpa. This ample capacity means that ore from any future satellite mines of the Karelian Gold Line could be processed at Pampalo. At the processing plant, mined ore is processed into gravimetric concentrate and flotation concentrate. Endomines has agreements with two companies for the delivery of the concentrates, with the gravimetric concentrate delivered to refiner K.A. Rasmussen AS in Norway and the flotation concentrate to Boliden’s refinery in Harjavalta in Southwestern Finland.

Pampalo