Mawson Finland

Name

Mawson Finland

Legal name

Mawson Finland Limited

Website

https://mawsonfinland.com

Company type

Private

Founded year

2023

Operating status

Acquired

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Mineral Exploration and Development

NAICS

Gold Ore and Silver Ore Mining (21222), Metal Ore Mining (2122)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industry

Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)

Keywords

• Gold exploration
• Cobalt mining
• Mineral exploration
• Mining development
• Nordic mining

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels2 records

Marketing channels2 records

Core offering

Mawson Finland Limited is an exploration-stage mining development company engaged in the acquisition and exploration of gold and cobalt mineral properties in Finland. The company's primary asset is the 100%-owned Rajapalot Gold-Cobalt Project in northern Finland, with 13 granted exploration permits covering approximately 11,262 hectares representing about 5% of the 100-square kilometre Rompas-Rajapalot Property. Activities focus on diamond drilling, geological sampling, and resource estimation to advance mineral resource definition.

Product overview

Mawson Finland Limited was an exploration-stage mining development company focused on gold and cobalt projects in Finland. Following its merger with First Nordic Metals Corp. in December 2025 (creating Goldsky Resources Corp.), the combined entity operates a portfolio of gold exploration projects in Sweden and Finland. The product portfolio consists of the Rajapalot Gold-Cobalt Project (100%-owned, Finland), the Barsele Gold Project (45% JV with Agnico Eagle, Sweden), and the Oijärvi Greenstone Belt including the Kylmäkangas deposit (100%-owned, Finland), along with regional exploration projects Paubäcken and Storjuktan in Sweden. The combined assets represent approximately 2.0 Moz AuEq in Inferred and 0.3 Moz AuEq in Indicated resource categories across over 123,000 hectares of exploration ground.

Differentiator

Problem solved

Functional benefit

Products and services

• Rajapalot Gold-Cobalt Project A gold-cobalt exploration project located in northern Finland, representing approximately 5% of the 100-square kilometre Rompas-Rajapalot Property. The project contains an Inferred Resource of 9.8 Mt at 2.8 g/t Au and 441 ppm Co (0.9 Moz Au / 4,311 t Co) and is held through 13 granted exploration permits covering approximately 11,262 hectares.
• Barsele Gold Project A gold joint venture project with Agnico Eagle Mines Limited in northern Sweden, where the company holds a 45% interest. Contains Indicated resources of 5.58 Mt grading 1.81 g/t Au (324,000 oz Au, 146,000 oz attributable) and Inferred resources of 25.50 Mt grading 2.54 g/t Au (2.09 Moz Au, 0.94 Moz attributable).
• Oijärvi Greenstone Belt A district-scale 100%-owned exploration position covering the entire underexplored Oijärvi greenstone belt in northern Finland, including the Kylmäkangas deposit, the largest known gold occurrence on this belt.
• Kylmäkangas Gold Project A gold deposit within the Oijärvi Greenstone Belt in Finland, representing the largest known gold occurrence on the belt. Resources include Indicated: 1.07 Mt at 4.1 g/t Au and 35.4 g/t Ag (159 koz AuEq) and Inferred: 1.63 Mt at 2.7 g/t Au and 15.2 g/t Ag (152 koz AuEq).
• Paubäcken A gold exploration project located in northern Sweden along the Gold Line greenstone belt, part of the district-scale license position surrounding the Barsele Project.
• Storjuktan A gold exploration project in northern Sweden along the Gold Line greenstone belt, part of the district-scale license position totaling approximately 80,000 hectares.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and flagship.

• Agnico Eagle Mines LimitedcoreStrategic or Co-development Partner · 16 December 2025Agnico Eagle is the joint venture partner on the Barsele Gold Project in Sweden, where First Nordic holds 45% interest. The project is a significant gold deposit with Indicated resources of 324,000 oz Au and Inferred resources of 2.09 Moz Au.
• First Nordic Metals Corp.flagshipStrategic or Co-development Partner · 17 October 2025First Nordic Metals completed acquisition of Mawson Finland Limited through a court-approved plan of arrangement, with the combined entity rebranded as Goldsky Resources Corp. The transaction consolidated gold exploration assets in Sweden and Finland, raising C$80 million to fund exploration.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Nordic Gold Corp. Canadian junior that previously operated the Laiva gold mine in Finland. Comparable as a Nordic-focused gold miner operating in Finland with a similar small-cap, single-jurisdiction profile.
• Boliden AB: Major Swedish mining and smelting company operating across the Nordics. Comparable as a regional player with extensive operations in northern Sweden (close to Barsele) and Finland, providing insight into Nordic operating conditions and permitting.

Broad incumbents

• Anglo American plc: Diversified major mining company with Sakatti Ni-Cu-PGE project in northern Finland. Comparable as a major miner that has actively explored and operated in the Nordic region, representing potential acquirer or strategic interest.
• Kinross Gold Corporation: Major senior gold producer with the Kupol mine and other Nordic-region exposure through Russia/Finland-adjacent operations. Comparable as a global gold producer with Nordic operating experience relevant to jurisdictional risk benchmarking.
• Agnico Eagle Mines Limited: Senior Canadian gold producer and JV partner at the Barsele Project. Broader incumbent with diversified production across Canada, Mexico, Finland, and Australia; a key counterparty in the Nordic gold space and a benchmark for what a successful Nordic gold developer can become.
• Mandalay Resources Corporation: Mid-tier gold and antimony producer with operating mines across multiple jurisdictions. Comparable as a publicly-listed gold producer that has progressed from exploration-stage to producing assets, relevant for trajectory benchmarking.
• Eldorado Gold Corporation: Mid-tier gold producer with operations in Turkey, Greece, Canada, and Brazil. Comparable as a publicly-traded gold company that has transitioned assets from exploration to production, relevant as a comparable for the development trajectory.

Direct peers

• Goldsky Resources Corp. (formerly First Nordic Metals Corp.): Now the parent of Mawson Finland following the December 2025 merger. The combined entity operates the same portfolio of Nordic gold and cobalt assets — effectively the post-transaction continuation of the subject company's business under a new corporate structure.
• Aurion Resources Ltd. Junior gold exploration company focused on the Aurion–Kinross alliance in northern Finland. Highly comparable as a Nordic-focused gold explorer with similar size, exploration-stage status, and target customer base (gold-focused mining investors).
• Rupert Resources Ltd. Canadian-listed gold exploration and development company with its flagship Ikkari discovery and other assets in the Central Lapland Greenstone Belt of northern Finland. Directly comparable to Mawson Finland as a pre-production gold developer operating in the same Nordic jurisdiction with similar geological setting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MawsonFinland

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mawson Finland