Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBeowulf Share News (BEM)

Share Price Information for Beowulf (BEM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 39.50
Bid: 35.00
Ask: 44.00
Change: -0.50 (-1.25%)
Spread: 9.00 (25.714%)
Open: 40.00
High: 40.00
Low: 39.50
Prev. Close: 40.00
BEM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Greta Thunberg protests against Beowulf Mining project in Sweden

Sun, 06th Feb 2022 10:54

(Alliance News) - Swedish environmental activist Greta Thunberg and members of the Nordic country's indigenous Sami community on Saturday protested against a possible iron ore mine in northern Sweden.

The government is next month to decide whether to greenlight the controversial project led by London-listed Beowulf Mining PLC, which has promised to create 250 to 300 jobs in the area.

But the Sami, an estimated 20,000 to 40,000 of whom live in Sweden, say the plan will prevent reindeer herding, disrupt hunting and fishing, and destroy the environment in their homeland.

"We believe that the climate, the environment, clean air, water, reindeer herding, indigenous rights and the future of humanity should be prioritised above the short-term profit of a company," Thunberg said in an English-language video message.

"The Swedish government needs to stop the colonisation of Sapmi," she added, using a term for Sami land.

Stina Lanta, a young resident of the village of Jahkagasska near the proposed Kallak mine, said she was worried.

"A mine would have a permanent negative impact on our grazing lands," she said.

The EU's only indigenous population, an estimated 100,000 Sami live across the vast Arctic wilderness of northernmost Finland, Norway and Sweden as well as Russia's Kola peninsula.

For much of the 20th century, governments denounced the indigenous people and their culture as uncivilised and inferior.

In the last five years, Finland, Norway and Sweden have stepped up moves to atone for past injustices, setting up truth and reconciliation commissions and repatriating stolen Sami artefacts.

But the Sami argue that their rights continue to go unrecognised, pointing for example to government plans to open up parts of their mineral-rich homeland to mining companies.

source: AFP

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
1 Apr 2019 09:57

Beowulf Mining Raises Cash To Help Fund Investment In Kosovo (ALLISS)

LONDON (Alliance News) - Beowulf Mining PLC on Monday said it is to raise GBP750,000 to fund increased investment into a Kosovan miner.Beowulf is issuing 13.6 million new shares at 5.5 to

Read more
27 Mar 2019 10:50

Beowulf Mining Kicks Off New Drilling At Finland's Aitolampi Project

LONDON (Alliance News) - Nordics-focused Beowulf Mining PLC on Wednesday said it has begun drilling work at the Aitolampi graphite project in Finland.The work is targeting high grade as as

Read more
7 Mar 2019 12:18

Beowulf Mining Subsidiary To Get Funding Boost From EU-Backed Body

LONDON (Alliance News) - Beowulf Mining PLC said Thursday a subsidiary is to get funding from a group which has received EU financial backing.Oy Fennoscandian Resources AB, wholly-owned by

Read more
28 Feb 2019 11:18

Beowulf Mining Annual Loss Widens, Sweden Legal Proceedings Ongoing

LONDON (Alliance News) - Beowulf Mining PLC on Thursday reported a widened annual loss as it continued with its legal proceedings to get an application for an exploitation concession for Kallak in

Read more
29 Nov 2018 13:13

Beowulf Mining Nine Month Loss Widens As It Awaits Kollak Decision

LONDON (Alliance News) - Beowulf Mining PLC on Thursday reported a widened loss for the nine months to the end of September as it awaits a final decision on its Kallak project.The Sweden in

Read more
6 Nov 2018 09:44

Beowulf Mining Acquires 14% Stake In Vardar Minerals For GBP250,000

LONDON (Alliance News) - Nordic mineral exploration company Beowulf Mining PLC said on Tuesday it has acquired a 14% stake in Balkans-focused exploration company Vardar Minerals Ltd for GBP250,000

Read more
22 Oct 2018 13:00

Beowulf Mining Confident On Kallak Concession Approval After Study

LONDON (Alliance News) - Beowulf Mining PLC said Monday that it published a study on the economic benefits of its Kallak magnetite iron ore project located in Sweden and remains positive it will a

Read more
5 Sep 2018 13:07

CORRECT (May 14): Beowulf Mining Annual Loss Widens As Project Stalls

(Correcting that SEK77 million is about GBP6.6 million.)LONDON (Alliance News) - Beowulf Mining PLC said Monday that its loss widened significantly last year due to higher administrative as

Read more
31 Aug 2018 11:19

Beowulf Narrows First Half Loss But Still No Kallak Project Decision

LONDON (Alliance News) - Beowulf Mining PLC said Friday its loss in the first half of the year narrowed on expenses but no final decision on its Kallak project has been made.The mining a in

Read more
29 May 2018 11:55

Beowulf Mining Narrows First Quarter Loss, Cash Position Strong

LONDON (Alliance News) - Beowulf Mining PLC said on Tuesday it recorded a narrowed loss in its most recent quarter due to a reduction in director consultancy fees and the reversing of professional

Read more
16 May 2018 11:27

Beowulf Mining To Raise GBP1.5 Million Via Share Issue (ALLISS)

LONDON (Alliance News) - Beowulf Mining PLC, a Sweden and Finland focused mining company, said Wednesday that is will raise GBP1.5 million through the issue of 30.0 million shares at 5.0 pence per

Read more
14 May 2018 11:22

Beowulf Mining Annual Loss Widens As Election Stalls Kallak Project

LONDON (Alliance News) - Beowulf Mining PLC said Monday its loss widened significantly last year due to higher administrative expenses, as well as impairments.Pretax loss widened to GBP1.0

Read more
2 May 2018 16:22

Beowulf Mining Provides Two Firms With Contracts For Aitolampi Project

LONDON (Alliance News) - Beowulf Mining PLC on Wednesday said it has awarded mining industry consultant CSA Global Pty Ltd and engineering company Poyry Finland Oy contracts to work on its project

Read more
25 Apr 2018 13:52

Beowulf Joins Finnish Battery Industry Cooperation Network

LONDON (Alliance News) - Beowulf Mining PLC said Wednesday it has joined a "cooperation network" of existing and new entrant raw materials suppliers to the emerging battery manufacturing

Read more
15 Feb 2017 12:02

Beowulf remains baffled by mining permit refusal

(ShareCast News) - Troubled mineral exploration and development company Beowulf said on Wednesday that it has written to the Mining Inspectorate of Sweden, and provided comments on the statement made on 1 February 2017 by the County Administrative Board (CAB) for the County of Norrbotten. The AIM-tr

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.