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Pin to quick picksBluejay Share News (JAY)

Share Price Information for Bluejay (JAY)

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Share Price: 0.32
Bid: 0.31
Ask: 0.33
Change: -0.035 (-9.86%)
Spread: 0.02 (6.452%)
Open: 0.355
High: 0.325
Low: 0.305
Prev. Close: 0.355
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UPDATE: Bluejay Mining Files Environmental Assessment Of Dundas

Tue, 30th Apr 2019 17:55

LONDON (Alliance News) - Bluejay Mining PLC on Tuesday said it has submitted a environmental impact assessment for its Dundas ilmenite project to Greenland's Ministry of Nature & Environment.

The assessment was prepared by environmental service provider Orbicon AS and allows the authorities to understand the impact of exploitation of the ilmenite-bearing sand within the licence area.

Under normal conditions, an assessment only requires two-years of sample collection and baseline survey. However, due to the limited existing understanding of the biodiversity in this environment, and in order to consider the natural variation year on year, both the company and regulators agreed best practice would be to undertake a three-year review

Bluejay anticipates yearly production of 440,000 tonnes of ilmenite concentrate from the project.

"Since the processing of the resource does not require the addition of chemicals, the risk of polluting the sensitive Arctic environment is very small," explained Orbicon Senior Consultant Flemming Jensen.

"A potential concern has been that underwater shipping noise would disturb migrating whales near the project port in spring and autumn. However, this issue has been mitigated by reducing the speed of vessels close to the port in the shoulder periods," added Jensen.

Separately, Bluejay updated its timetable for the expected resource calculations for Iterlak East and Iterlak West and the pre-feasibility study for the Dundas ilmenite project.

The exploration and development company said it has been informed by the mining consultant, SRK Exploration, that the Iterlak East and Iterlak West mineral resource calculations are close to completion, the results of which are now expected to be announced in May.

Bluejay said it was previously advised by SRK that the pre-feasibility study would be ready for publication by the end of April. The pre-feasibility study is currently at a final draft stage, the company noted, and will be published as soon as practicable.

Looking ahead, the company said the "extended and in-depth" pre-feasibility study will result in both significant time and cost efficiencies, as this mitigates some of the test work required by Bluejay when it advances into the definitive feasibility stage.

Bluejay shares closed 0.2% higher on Tuesday at 11.02 pence each.

More News
29 Jan 2019 18:03

Jeremy Whybrow Divests Stake In Bluejay Mining, Holds 4.5% (ALLISS)

LONDON (Alliance News) - Bluejay Mining PLC on Tuesday said that Jeremy Whybrow lowered its stake in the company to 4.53%.Whybrow, prior to Friday's deal, held a 11.07% stake in the up

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22 Nov 2018 11:34

Bluejay Mining In Final Permitting Stages For Dundas Ilmenite Project

LONDON (Alliance News) - Bluejay Mining PLC said Thursday it is in the final permitting stages for its Dundas ilmenite project in Greenland.Shares in the mining company, which has projects

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27 Sep 2018 12:12

Bluejay Mining Interim Loss Widens As It Furthers Dundas Project

LONDON (Alliance News) - Bluejay Mining PLC said on Thursday its interim loss widened as it progressed its Dundas ilmenite project.The company generated revenue of GBP1,782 in the period to

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12 Sep 2018 14:28

Bluejay Mining Prepares Dundas Field For Mining Commencement

LONDON (Alliance News) - Bluejay Mining PLC said Wednesday that it is preparing for the commencement of drilling at its Dundas Ilmenite Project in Greenland.The company said it completed a

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5 Sep 2018 14:44

Bluejay Mining appoints new general manager

(Sharecast News) - Bluejay Mining announced the appointment of Dr Bo Moller Stensgaard as its general manager on Wednesday - a non-board role.

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15 Aug 2018 11:51

Bluejay Mining Appoints Ian Henderson As Non-Executive Director

LONDON (Alliance News) - Bluejay Mining PLC said Wednesday it appointed Ian Henderson as non-executive director with immediate effect.The miner, with projects in Greenland and Finland, said

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7 Aug 2018 14:50

Bluejay Mining Unaware Of Reason For Negative Share Price Movement

LONDON (Alliance News) - Bluejay Mining PLC said Tuesday it was unaware of "any company specific inside information" that would account for the company's share price in Bluejay were

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31 May 2018 11:27

Bluejay Mining Loss Widens As It Looks To Begin Dundas Production

LONDON (Alliance News) - Bluejay Mining PLC on Thursday posted a loss for its last eighteen-month period as it looks to start production at its high-grade ilmenite project in Greenland in the 18 a

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29 May 2018 14:17

Bluejay Mining Has Enough Funds To Progress Dundas Ilmenite Project

LONDON (Alliance News) - Bluejay Mining PLC on Tuesday said it noted media reports regarding a potential fundraise and confirmed that it is not actively considering a fundraise, whether through or

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22 May 2018 17:32

Bluejay Mining To Significantly Increase Resources In 2018 Fieldwork

LONDON (Alliance News) - Bluejay Mining PLC said on Tuesday its Dunas Ilmenite project in Greenland multiplied its resource base in 2017 as its fieldwork for 2018 is due to being in field work in

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2 May 2018 13:37

Bluejay Mining More Than Doubles Size Of Disko-Nuussuaq Project

LONDON (Alliance News) - Bluejay Mining PLC on Wednesday said it has increased its acreage at a project in Greenland by 1,616 square kilometres.The land has been added to the Disko-Nuussuaq

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