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Posts on this website are general "tips" and nothing more than that and should never be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. Sparty's posts nearly always relate to companies that he either holds, has held or intends to hold.

Main ForumGreenland's NEW PM to lift ban on mining radioactive materials +Ve for GGG

  • "On the other hand, she would lift a ban on mining radioactive materials that stopped some plans for rare earths deposits, crucial in 21st technology like smartphones.

    That would benefit the development of a deposit in southern Greenland, being explored by Australian-owned Greenland Minerals and Energy, that may be one of the biggest rare earths deposits outside China." http://www.reuters.com/article/2013/...0C482B20130313

    (Reuters) - Greenland's main opposition leader, who campaigned on a platform of greater control and higher taxes of foreign miners, gained the biggest number of votes in a national parliamentary election, underscoring a backlash against the island's fast globalisation.

    Aleqa Hammond's Siumut party won around 42 percent of votes, or around 14 seats in the 31-seat parliament, meaning she will need to form a coalition. Prime Minister Kuupik Kleist won around 34 percent of votes, according to official results published by Greenland's national KNR broadcaster. http://www.reuters.com/article/2013/...0C436720130313

    Greenland Energy and Minerals Company Update


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