A Spanish company is preparing to search for diamonds in eastern Finland. Stardust Diamonds has received a reservation decision from Finland’s Safety and Chemicals Agency (Tukes) covering an area of more than 3,500 hectares in the municipality of Kaavi in North Savo.
The exploration area lies north of Kaavi’s town centre and includes parts of Vehkalahti and Rasinmäki. It stretches south toward Telkkämäki, north to Hirvilahti and east to Mökkönen.
The reservation gives the company priority rights to investigate the area for a limited period.
Two years to collect geological data
The reservation is valid for two years. During that time, Stardust Diamonds plans to conduct geological mapping and collect small numbers of samples from the terrain.
According to the company, earlier studies suggest the presence of rocks that could contain diamonds.
Two-year exploration window granted in eastern Finland
The main objective of the work is to gather additional information on the area's geological potential and assess the potential impacts of future mineral exploration.
Because the reservation covers a large area and many surveys must be carried out during snow-free periods, the exploration window has been set at two years.
Possible application for an exploration permit
The company intends to apply for a formal mineral exploration permit before the reservation expires.
Such a permit would allow more extensive work, including drilling and detailed geological analysis.
Finland has long been known for its mining industry and has attracted a growing number of foreign exploration companies in recent years. At the same time, new mining projects often trigger debate about environmental impacts, land use and the economic benefits for local communities.
For residents of Kaavi, the reservation primarily means that a company may conduct geological exploration in the area. Any actual mining operation would require additional permits and lengthy environmental and regulatory reviews.
Source: Yle
