Mining in the Nordic Countries

A comparative review of legislation and taxation

image of Mining in the Nordic Countries

The last few years have seen a lot of activity within the Nordic mining industry. New mines have opened, but there have also been cases of bankruptcies. Heightened activity has in turn led to discussions on the role of legislation and taxation in ensuring that mining contributes to sustainable development. At the same time, a number of voluntary sustainability initiatives have appeared.For historic reasons, the Nordic countries share a lot of similarities with regards to legislation. And not least with regards to environmental laws, the EU has contributed to further harmonisation, even among the non-member states Iceland and Norway. Yet important differences exist. Legal revisions are sometimes the result of much-publicised problems, so experiences in each country plays an important role.An overview of taxation also indicates both similarities and differences.



Individual country mining and mineral legislation review

Denmark has no active mines, and lacks economically exploitable metallic mineral resources. Its extractive industry is focused mainly on nonmetallic minerals including salt, stone, gravel, sand, chalk and limestone, which are used primarily in building and construction projects in Denmark. Furthermore, the country has an offshore oil and gas sector. Production levels have been in decline since 2004. It generated DKK 22.1 bn in revenues to the Danish state in 2013, down from DKK 30.3 bn in 2011.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error