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IN BRIEF: Bluejay gains final approval needed for Dundas construction

Thu, 17th Jun 2021 19:12

Bluejay Mining PLC - exploration and development company with projects in Greenland and Finland - Government of Greenland approves exploitation and closure plan for Dundas Ilmenite project, which is the final government-level approval required before construction at Dundas can start.

"The permit covering the Dundas Ilmenite Project's Exploitation and Closure Plan is the final government approval required to enable the commencement of construction. Following the receipt of our approved Exploitation Licence, we continue to finalise the optimisation planning and engineering sign-off, together with advancing discussions with partners to form a strong project financing syndicate," says Chief Executive Officer Bo Moller.

Current stock price: 10.98 pence

Year-to-date change: down 11%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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