Post: #1

A german article about mining in Sweden. Dudes get 4k € monthly after taxes, but I guess the cost of living is rather high and live boring as hell.
Translate article wirth google (chrome)

Norway also has a insanely high average income compared to other European countries. I guess its their oil.

Post: #2

Norway is rich because of their isolationism policies and their oil and mineral wealth; it isn't sustainable in the long term. Swedish mining isn't as profitable as you'd expect, because the country is filled with low quality minerals such as zinc and iron and is controlled by larger industries.

The Swedish Kronor is very strong, and things are expensive in the country (think $10 for a Big Mac Meal). It's a real balancing act, but let me tell you right now where to invest. Instead of mineral industries, invest in wind power in the Baltic Region.

It seems to be the place to put your money, because the governments of Baltic Region countries are all putting subsidies into renewable energies, and construction of these wind farms is currently booming.

Also because it's always windy in the region due to the ever-converging high and low pressure systems in the region (Siberian highs in the winter, Icelandic lows and Azores highs in the summer).

Check out the Estonian island of Saaremaa, and the Turku/Åbo Archipelago. Google Åbo skärgård for opportunities in Swedish, if you need good translating don't hesitate to ask me as google translate is straight terrible with Swedish. Also Ostrobothnia in Northern Finland/Sweden is up and coming, although it is slightly poor right now.

Post: #3

Those mining towns are just 50 miles from the Arctic circle, are completely devoid of women and if you slack off the veteran miners will see that you end up as a statistic on the bottom of a mine shaft. These guys have a crippling work ethic, which is why most of the younger softer generation stepping up to fill the vacancies.

Cost of living is actually not THAT bad in these towns though(compared to Southern Swe).

It's good money but you need to know what you're getting into.

Post: #4

Post: #5

Vicious, i think i found the video of the german workers there:

HAHAHAHA.

(09-26-2013 10:27 AM)Vicious Wrote:  Those mining towns are just 50 miles from the Arctic circle, are completely devoid of women and if you slack off the veteran miners will see that you end up as a statistic on the bottom of a mine shaft. These guys have a crippling work ethic, which is why most of the younger softer generation stepping up to fill the vacancies.

Cost of living is actually not THAT bad in these towns though(compared to Southern Swe).

It's good money but you need to know what you're getting into.

Post: #6

(09-26-2013 10:27 AM)Vicious Wrote:  These guys have a crippling work ethic, which is why most of the younger softer generation stepping up to fill the vacancies.

O RLY?

Post: #7

Canada has the same mining opportunities. They fly you into a remote mine for a few weeks at a time, then out for a few days off. Extremely boring, well paying, drug use is often a problem because its so boring...well until someone dies.

Underground shaft mining, for gold, is more dangerous but more engaging than open pit mining with giant dump trucks.

Canadian mineral investments are usually a good idea, my family is on the 3rd generation of mining investors seeing good returns. The natural resources rule of thumb is metals in a bad economy, timber in a good economy.

Post: #8

(09-26-2013 10:27 AM)Aer Wrote:  The Swedish Kronor is very strong, and things are expensive in the country (think $10 for a Big Mac Meal). It's a real balancing act, but let me tell you right now where to invest. Instead of mineral industries, invest in wind power in the Baltic Region.

It seems to be the place to put your money, because the governments of Baltic Region countries are all putting subsidies into renewable energies, and construction of these wind farms is currently booming.

Also because it's always windy in the region due to the ever-converging high and low pressure systems in the region (Siberian highs in the winter, Icelandic lows and Azores highs in the summer).

Check out the Estonian island of Saaremaa, and the Turku/Åbo Archipelago. Google Åbo skärgård for opportunities in Swedish, if you need good translating don't hesitate to ask me as google translate is straight terrible with Swedish. Also Ostrobothnia in Northern Finland/Sweden is up and coming, although it is slightly poor right now.

No longer the case. A year ago government used to sign 12year contracts for small sun power plants generating up to around 50k euro a year. Your could of course make as many as you wanted under different companies (some just made "Sun Company 1" Inc, "Sun Company 2" Inc, etc. and it still passed fine). Basically the investment return after 12years will be 2-3x the amount you invested. Unfortunately I've missed the train and learned about it only when there was quite big media scandal about this and the law was changed so it is no longer profitable.

As of wind plants you should look more into it because they are quite a good deal 2-5 years ago if you could get a permit and good location (biggest problem). For some reason it doesn't seem so lucurative right now at least in Lithuania, might be different in Latvia or Estonia.