Business expansion
Manner-Suomi; Pohjois-Suomi; Pohjois-Pohjanmaa
Location of affected unit(s)
Mining / Quarrying
Mining And Quarrying
Mining Of Metal Ores
07.29 - Mining of other non-ferrous metal ores

120 jobs
Number of planned job creations
Job creation
Announcement Date
20 April 2018
Employment effect (start)
1 August 2018
Foreseen end date
30 September 2018


The Canadian mining company Firesteel Resources is reopening the gold mine 'Laiva' in Raahe and is recruiting some 120 employees, including both skilled workers and experts, to the site. The mine is expected to start production in August-September 2018. 

The company invested EUR 20 million in the mine in 2017. In 2014, after being operational for three years, the previous owner shut down the site due to a lack of economic viability. Firesteel Resources says that the site holds one of the largest gold resources in the region and the aim is to produce two tons of gold per year. 


  • 20 April 2018: Kaleva
  • 22 March 2018: Firesteel Resources (Press Release)


Eurofound (2018), Firesteel Resources, Business expansion in Finland, factsheet number 93872, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93872.