“AUSTRALIA’S Dragon Mining announced the discovery of a promising new area of gold deposits in Kuusamo, Finland, only hours after the country was announced as the top destination for mining and oil investment by RESOURCESTOCKS magazine.
With a score of 14.63 in the magazine’s 2012 World Risk Survey, Finland had the lowest and therefore best risk rating out of 73 countries. It was the third time in five years the Nordic country had recorded the most favourable score, having also won it last year and 2008.
The discovery was made through magnetic studies and drilling over the summer. The company plans to continue to expand its ore studies in the region and open a gold mine in the town of Juomasuo, just 37 km north of Kuusamo.
Finland beat Sweden, Canada, the United States, Chile, Norway, Australia, the United Kingdom, New Zealand and Brazil, which rounded out the top 10…”
MINING.COM 27 September. CECILIA JAMASMIE