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Maritime News - 2013 Oct 28

28 Oct 2013

Huge Greenland Iron-ore Mine & Terminal Contract Awarded

Ore transhipments: Photo courtesy of London Mining

Greenland has awarded UK-based company London Mining a 30-year licence to build and run a giant iron ore mine, but some opponents say the open-cast mine will cause environmental damage; others are concerned about plans to bring in up to 3,000 mainly Chinese workers, reports BBC News. London Mining has been awarded an exclusive 30 year exploitation licence for its 100% owned Isua Project in Greenland.

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