Niili Mineral AB, a mining firm from Älvsbyn in Norrbotten in northern Sweden has applied for licences to mine an area spanning 225 hectares between Luleå and Piteå.
“It is an area which is suited to diamonds. All indications are that there can be diamonds in the area, the conditions are right,” said chairperson Wolgan Carlsson to the newspaper.
Carlsson told the newspaper that the firm interest in the area was piqued by local amateur geologists who have been studying the area.
Niili Mineral AB hopes that the necessary licences will be approved during the autumn and test drilling could then begin next summer in the designated area.
The northern and Arctic areas of Sweden are mostly commonly associated with iron ore mining with Kiruna being the most well known mining town.
The country was once home to western Europe’s largest gold mine and The Local reported on a “modern gold rush” back in 2008 as prospectors flooded to the region to explore newly discovered gold fields.
Two Swedish women managed to cash in when they found gold while out picking blueberries and agreed to accept a 21 million kronor ($3.5 million) offer for their mining concession.