See something in white, is just the fog kidding me? It is almost impossible to translate into English the summary that Länsstyrelsen wrote in their last statement, when it commes down to grammer. In Swedish, the grammer is obvious. They are already talking about what should be done in the second round.
That's why the sami is angry in the article in nsd.se.
Still swimming, it seems like limestones to me. :-)
Thank you for taking the trouble to give us the weekend reading. Your translations you always hit the mark..that we can't sleep for one sentence is very fine indeed. I had wondered about the appeal process in the final stages and you give it well in "Now for the details".
Can we see Dover yet or is that just a pile of rocks? Lol
"The purchased assets include the Kaunisvaara processing plant in northern Sweden – including all equipment inside the concentrator such as the first processing line and related transformers, control systems and pumps – as well as 134 railway wagons used for transporting the iron ore to the port of Narvik in northern Norway.
The purchase price for the assets was SKr50 million ($5.9 million), a spokesman for the industrialists told Steel First on Wednesday.
Carl Henric Svanberg, chairman of oil and gas major BP and of car manufacturer Volvo, is among the group which acquired the assets, through buyer company Abecede."
Just for your knowledge: Svanberg was born and raised in - Jokkmokk. For what it is worth. :-)
Now the second part, that I will not manage to bring to you in proper English: The source here might be difficult for Swedes aswell, the language is adjusted to legal terms and the references are plenty. You can't sleep for one sentense.
Anyways, the bottomline is that an "overloaded" application (my interpretation, GG) for exploation concession is to prefer to a slim one. The goverment has in its decision to pass the remaining questions to the next, last , application. Länsstyrelsen also have the same duty and have stated that the transportation issue through the reindeer land should be solved. I guess that we will have something about the same from the government. in there decision. Many issues that some of you look up on as enviromental as vibration, disturbing sounds, dust, chemicals is possible to manage in the first round. The mine working as a mine, so to say.
A railway is preferable to trucks. The aggregated extra price for society is meassured to 200 milj SEK / annum using trucks instead of rail, according to a consulting report added to the application. The CO and the sami share the same interest here. This is important. The solution is bridges for the animals as both Boliden and LKAB have built in cooperation with the sami community
Now for thr the more details: The descision in the second round might be appealed, but the CO may apply for a possibility of starting up all the work anyways. Of course the CO then take the risk that they will be corrected later on. The essens of this is that the process that starts in the second round has a limited timetable.
If you ask me the transportation issue must be solved in detail anyways, that is not adding new questions, so to speak.
All in broken English,
The source for the leagel terms on application in the two steps mentioned above:
Fingers crossed he is as hard as nails when it comes to any negotiations, both prior to and following a positive Concession outcome. He has industry experience, but we have yet to see if he is tough negotiator. It won't be long before we find out.
I agree, the granting of the exploitation licence is indeed significant. Most significantly, it’s the Governments acceptance of a mine in principal – a statement of intent. Yes of course, the details of a working mine, would then have to be evaluated to assess what level of impact those details will have on the environment at the time of the submission of permit application. This to achieve the correct balance for all, regarding the important environmental considerations.
One never knows for certain, however my guess is, such details in this respect have already been largely negotiated upon and worked through, to see if in fact, whether the input of innovation and investment can achieve the acceptable balance required. The submission for environmental permits therefore, would be BEM’s commitment to the negotiated outcomes on the above, and any subsequent permit grant would be legally binding to the same. It’s difficult to see how other, the process would work sensibly. For the Government to grant the concession against the wishes of the sami, who are after all a political score, only then to learn that any mine in detail would be in violation of their own environmental laws would be incompetence. So, in my opinion any grant of concession would be a SP mover but, that measure would have to be balanced against the wording within the concession. Atb
Fair point, maybe the granting of the licence won't raise the SP as high as people would want, which is what short terms investors will be looking for. But then for the longer term investors it is just a another hurdle cleared. Iron ore prices look fooked until 2020, which would be about when BEM would start delivering product. Very long way to go, but I think a lot of people will be selling post positive result in a few weeks.
The granting of the exploration licence although significant is not the panacea that most people expect. You cannot mine without an environment permit which could potentially be more problematic than the licence. It will take a minimum of one year possibly two and cost up wards of £1m. Of course this will run concurrent with further drilling of the resource. Either way additional funding will be required which will result in more dilution before a partner is found. Just my opinion.
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