Minor leakage of tailings along the tailing pipe at the Laiva mine

Tue Dec 18, 2012 2:05am EST

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PRESS RELEASE, 18 December 2012

On December 14th a leakage was noticed of tailings out of the tailings pipe between the plant and the paste-area at the Laiva mine. The tailings are the very same that are deposited at the paste-area.

Nordic Mines estimates the leakage to maximum of about 80 cubic meter of slurry, of which a maximum of about 20 cubic meter of tailings. Nordic Mines estimates the total time of leakage to less than 1.5 hour.

The Finnish Centre for Economic Development, Transport and Environment completed a regulatory inspection at the point of the leakage during Saturday December 15th. During the inspection it was concluded that a minor amount of tailings had leaked out in the surroundings.

Nordic Mines have sampled the slurry and the water in the surroundings. The results of the samples are expected to be completed within the coming weeks. Nordic Mines will continue with daily samplings.

For more information, please contact:
Thomas Cederborg, CEO, +46 708 480 521
Susanne Andersson, CFO, +46 730 668 904

For further information regarding Nordic Mines, please connect to; www.nordicmines.se

The information above has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 08.05 (CET) on December 18, 2012.




Nordic Mines is a Nordic mining and exploration company whose goal is to be one of the leading gold producers in Europe and a role model in respecting the environment. The company started mining gold in the Laiva mine in Finland in summer 2011. These gold deposits are among the largest in the Nordic region. Exploration is in progress in Finland and Sweden. Nordic Mines has 120 employees and its head office is in Uppsala. The Nordic Mines share is traded on the Nasdaq OMX Mid Cap list in Stockholm.

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Source: Nordic Mines AB via Thomson Reuters ONE

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