Project
timeline
Exploration and
development
of Mineral Project
Kingsrose is in the very early stages of assessing the prospectivity at Porsanger. Approximately 1 in 1000 projects advance from Reconnaissance to Mining.
Drilling
2-5 years
Temporary footprint
Define ore body and its characteristics
Obtain data on ground condition
Define ore body and its characteristics
Obtain data on ground condition1-2 years
Reconnaisance
Mapping
Surface Sampling
Geophysics
Surface Sampling
GeophysicsConstruction
2+ years
Dependent on results from study phase
Requires significant funding
Rigorous multi-agency permitting process with strong social and environmental governance
Requires significant funding
Rigorous multi-agency permitting process with strong social and environmental governance2+ years
Study Phase
Environmental and Social Impact Assessment
Technical investigations(e.g. mining method, options for waste disposal)
Economic assessment
Technical investigations(e.g. mining method, options for waste disposal)
Economic assessmentRehabilitation
1+ years
Minimise and mitigate environmental and social impacts
A bond is paid cover the costs of rehabilitation BEFORE the mine commences production
Continual monitoring of environment including water ways and ground stability
A bond is paid cover the costs of rehabilitation BEFORE the mine commences production
Continual monitoring of environment including water ways and ground stability20+ years
Mining
Job creation, training, transferable skills
Value creation through taxation and royalties
Rigorous monitoring of environmental impact
Value creation through taxation and royalties
Rigorous monitoring of environmental impact
English 
Norwegian