The Chinese translation is being made; the original is shown for now.
Endomines Finland has renewed its long-term gold concentrate sales agreement with Boliden Commercial, extending the partnership through to the end of 2032. The new agreement will take effect from 1 January 2027 and covers all flotation gold concentrate produced at the Pampalo mine, including any contained gold, silver, and copper.
According to Endomines, the updated agreement has been tailored to better support Pampalo’s production process, providing greater flexibility to optimize gold recovery and concentrate grades. The company expects the changes to enhance production profitability and estimates a positive impact of approximately €1.7M-€2.3M on net profit in 2027.
The renewed deal further strengthens the long-standing relationship between the two companies, which described the arrangement as creating clear value for both parties.
Kari Vyhtinen, CEO of Endomines, commented, “Endomines and Boliden have enjoyed a long and successful partnership, and we are very pleased to continue our cooperation. Having a reliable, long-term partner with a strong commitment to sustainability is important to us. Together, we can help meet the growing demand for responsibly produced precious metals in the market.
“The renewed agreement has been tailored to the needs of Pampalo’s production process, enabling us to better optimize gold recovery and concentrate grades within the production process. This will generate significant financial benefits for Endomines, which we believe will have a positive impact on our net profit.”
Patrick Ammerlaan, General Manager of Boliden Commercial, added, “Boliden is pleased to continue receiving gold concentrate deliveries from Endomines. We are committed to the responsible processing of raw materials and to accurately determining their value.
“We believe this will benefit both parties and reflects the long-term commitment to cooperation shared by both Endomines and Boliden.”
Pampalo is Endomines’ flagship gold operation in Finland and the renewed agreement provides long-term certainty for concentrate sales while supporting the company’s efforts to improve operational performance and financial returns.
To learn more about this, please visit https://endomines.com/
For more articles like this, please visit https://www.theassay.com/
To meet with Endomines at the 121 Mining Investment London event on 23-24 November 2026, please register here: https://london.121mininginvestment.com/page/121-london-november
The post Endomines Extends Gold Concentrate Agreement With Boliden Commercial to 2032 appeared first on The Assay.