Mahvie Minerals AB
NNGM:MAHVIE0.33
SEK
-0.01
(-3.21%)
Mahvie Minerals AB
NGM:MAHVIE
(Nordic Growth Market)
Recent
price
0.33
P/E
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div
yld
- -
ROIC.AI
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- Business
- Mahvie Minerals AB is a Sweden-based mineral exploration and development company focused on the acquisition, evaluation, and commercial development of precious and base metal properties across the Nordic region. Founded in 2021 and headquartered in Stockholm, Sweden, the company operates within the basic materials and mining sector, utilizing a brownfield-focused development strategy targeting historically mined assets with established geological databases, road access, and existing regional infrastructure. The company's core asset and exploration portfolio includes: the Haveri Gold-Copper Project, situated in the Tampere gold belt of southwestern Finland, comprising historical open-pit and underground gold-copper deposits undergoing resource verification and expansion; the Åkerberg Gold Project, located in the Skellefte mining district in Västerbotten, Sweden, focusing on gold exploration, structural modeling, and resource definition; and the Mofjell Polymetallic Project in the Mo i Rana mining district of Nordland, Norway, targeting base and precious metal mineralization including zinc, lead, copper, silver, and gold. The company's operational offerings and technical services include: geological exploration and structural mapping; mineral resource modeling and JORC- and NI 43-101-compliant mineral resource estimation; diamond core drilling and assay validation; metallurgical testing and process flowsheet design; environmental baseline and permitting studies; and mining feasibility assessments. In recent developments, Mahvie Minerals AB expanded its Scandinavian asset base by acquiring the Åkerberg gold project in Sweden, subsequently conducting extensive diamond drilling campaigns to assess structural continuity and grade distribution. The company updated the Mineral Resource Estimate (MRE) for its flagship Haveri project, defining 1.5 million tonnes of gold-bearing resources averaging 2.4 grams per tonne. In addition, Mahvie Minerals executed a strategic non-binding Letter of Intent with Dragon Mining to evaluate toll-treatment and processing of Haveri ore at the Vammala processing facility in Finland, advancing a capital-efficient processing pathway without the immediate requirement to construct a standalone mill. The company also completed targeted private share placements and rights issues to strengthen its working capital and fund ongoing exploration and project development programs across Sweden and Finland.