Agoracom: Small Cap Investment - Noront Resources - Re: Kemi Mine

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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FANTOMAS

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Re: Kemi Mine - leewa

in response to

Re: Kemi Mine

leewa

posted on Sep 15, 2008 03:22PM

Anyone know the share price of the operator of the mine?

Hi leewa,

Outokumpu Oyj is the stainless steel manufacturer, which runs the Kemi mine and uses the ore for its own concentrator and smelter to produce ferrochrome which is used to produce stainless steel.

Outokumpu Oyj's shares are listed on the Helsinki Exchanges with a trading code of OUT1V.

There are 181.441.190 shares issued and outstanding with a market cap of € 2.6 B (= C$ 4.0 B) and a 52-wk high of € 33.99 and 52-wk low of € 13.50 (close today € 14.02).