While the Nordic countries have not been immune from the current slowdown in exploration activity, there is still plenty going on as companies continue with project developments. E&MJ looks at some of the challenges-and the continuing successes. Worldwide, exploration spending has been one of the most prominent casualties of the current wave of economic uncertainty that has been bathing the mining sector. The Nordic countries-Norway, Sweden and Finland, together with Greenland- have been no exception to this trend, with many of the junior companies that were featured in last year's review in E&MJ (See October 2012, pp. 38-50) now reporting reduced drilling budgets and, more alarmingly, a much tighter funding environment.
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