The document summarizes mining activity and exploration in Finland in 2016. It finds that mining investments increased 54% to 242 million euros in 2016. Drilling increased 37% to 178 km and 41 companies submitted exploration reports. The permit backlog for exploration is increasing and the Mining Authority plans to hire more people to handle permits. Finland ranked first in Europe and fifth globally on the Fraser Institute's attractiveness index for mining investment due to its strong mineral potential, transparent legal system and permitting process, and competitive taxation regime.