Copperstone Resources AB (“Copperstone”) is a Swedish mineral exploration company. The company's flagship project is re-opening the Viscaria copper mine in the recognised mining district of Kiruna in Northern Sweden. Currently, the company is working on obtaining an environmental permit for the Viscaria mine, as well as making preparations for mining operations to commence. When operating at full capacity, the plan is for Viscaria to produce 30,000 tonnes of copper per annum, making it Sweden's second largest copper mine.
Weaker demand for Cu in the global market. Protracted process of obtaining acceptance from the land- and environmental permit. Higher than expected costs.