SGU thanks everyone at PDAC 2025 for a successful event

Many visitors stopped by at SGU’s booth at The Prospectors & Developers Association of Canadas yearly PDAC Convention. This gave us the opportunity to highlight the many possibilities that Sweden holds for potential prospectors and investors.  

The demand for raw materials keeps rising and prospectors are interested in what Sweden has to offer. There are, however, challenges to tackle.

– The fact that the interest for raw materials is extremely high might not come as a surprise given the current state of the world. The European Union’s critical raw materials act was often mentioned. It seems, unfortunately, that the prospecting business still experiences problems with funding. This is worrying if we are to raise the production both in Sweden and globally, says Kaj Lax, SGU’s acting Head of Department Mineral Resources.

SGU also co-organized Nordic Mining Day at the convention during which the Nordic countries Sweden, Finland and Norway jointly invite visitors to take part in both presentations and dialogues on different topics regarding the region’s mineral resources. This year a lot of focus was on current and future legislation in the Nordic countries.

– We are pleased to see that companies show a clear interest in the Nordic geology. Funding is still an ongoing issue in this field, and together with uncertainties in the permitting process it can lead to delays with mining projects. They can, worst case, even work in tandem to create a very challenging situation, says Therese Bejgarn, Head of the Mineral Information and Mining Industry division at SGU.