Greenland Minerals Completes Mining License Application

Australia-listed rare earth company Greenland Minerals (ASX:GGG) has announced that it has formally lodged the mining license application for the Kvanefjeld rare earth mine.

As quoted from the press release:

In late June, the Company lodged with the Government of Greenland (GoG) an application for an exploitation (mining) license for the Project (the Application). In accordance with requirements set down by the GoG, the following supporting documents were included with the Application:

• An environmental impact assessment (EIA) for the project
• A social impact assessment (SIA) for the project, and
• A navigational safety investigation study (MSS) for the project

A required, these supporting documents were prepared and lodged with Greenland’s Mineral License and Safety Authority (MLSA) in Greenlandic, Danish and English. Collectively, these documents comprise a mining license application and the Company has received confirmation from the MLSA that an application has been received.

In addition to the formal requirements for an application for an exploitation license, the Company has previously provided the MLSA with a copy of the Project’s feasibility study and financial model and a copy of the Project’s JORC‐code compliant ore reserves statement and report.

The MSS, the EIA and the SIA were prepared for the Company by independent expert consultants. The scopes of the both the EIA and the SIA were framed by terms of reference (ToR) that were approved by the Greenland Government in late 2015 after a comprehensive process of public consultation. The assessments, which incorporate contributions from a range of internationally recognised expert groups, have been progressively updated during an extensive period of review by the GoG.

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