The article discusses how promising outlooks and favourable memories of past and distant mining ventures are employed in the view of a mine in spe. The study utilises interview quotes and written narratives pertaining to a case of mine development in Swedish Pajala and neighbouring Finnish Kolari (the Northland project 2004–2014), located above the Arctic Circle, for explicating this. Its theoretical framework includes the concept of minescape and the ideas of past presences and anticipated futures, which support capturing (the temporality of) the sociocultural and discursive dimensions of mining alongside with its physicality. Previous and distant experiences with mines appeared readily abstracted and brought into the current debate, forgetting about contexts, that is, about any historical or geographical contingencies. This kind of temporal and spatial referencing is seen to represent an imaginative practice which, as it is argued, gains an enhanced role in tandem with the increasing market dependency and volatility of the extractive business. By attending to the meaning-making based on remembering, and forgetting, in the context of experiences made with mining in the past or elsewhere, the article contributes to our understanding of the present-day role of mining heritage.