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Thought I'd do some digging to see which other companies / projects got snagged in permit application reassessment caused by Tasman Metals' Norra Karr REE project Supreme Court decision, which ruled that a wider area must be considered as part of any environmental impact analysis in a mining concession application i.e not just the mined area but buildings, etc. And then I had a look at how they were getting on re a final decision following reassessment. Obviously each case is different but I think it's v positive. The 5 were: Tasman Metals (now Leading Edge), Norra Karr; Avalon Minerals, Viscaria k7; Copperstone Rrsources, Eva k1; Beowulf Mining, Kallak; Tertiary Minerals, Kyrkberget. NORRA KARR STATUS = ONGOING. KYRKBERGET STATUS = ONGOING. EVA K1 STATUS = GRANTED! http://resource.sgu.se/dokument/bergsstaten/2017/eva-k-nr-1-be****.pdf https://globenewswire.com/news-release/2017/11/10/1184680/0/en/Copperstone-Resources-Ab-Award-of-Eva-k-No-1-Exploitation-Concession.html "10/11/17 Copperstone Resources AB (“Copperstone” or “the Company”) is pleased to announce that the Mining Inspectorate of Sweden (Bergsstaten) has today awarded the Eva k no. 1 exploitation concession in the Arvidsjaurs Kommun, Norrbotten County to the Company. This exploitation concession (Dnr BS 22-285-2009) is awarded by The Chief Mining Inspector under the Minerals Act (1991:45) and is valid for 25 years from date hereof, subject to an objection period until and including 15 December 2017." VISCARIA K7 STATUS = GRANTED https://www.sgu.se/bergsstaten/om-bergsstaten/kungorelser/2018/mars/bearbetningskoncession-for-omradet-viscaria-k-nr-7/ http://resource.sgu.se/bergsstaten/viscaria-k-nr-7.pdf "Processing concession for the Viscaria K area 7 Avalon Minerals Viscaria AB has been granted a processing concession for the area Viscaria K nr 7 in Kiruna Municipality, Norrbotten County on March 26, 2018. On March 26, 2018, the Mayor, Dnr BS 22-312-2011, granted Avalon Minerals Viscaria AB, 556747-7798, processing concession regarding copper for the Viscaria K No. 7 area in Kiruna Municipality, Norrbotten County. The final date for appeal is 3 May 2018 " KALLAK STATUS = REJECTED - Look into this. PR nightmare by ex Chairman and they've lost the support of the Norrbotten County Administration Bureau. Very different to Kyrkberget which is Vasterbotten County, who are on board!
Fish, Mar 6th 2016 RNS "The Swedish Mining Inspectorate has granted the Permit by giving precedence to the national interest of minerals over the national interest of reindeer herding".
Cheers M216, I have a small buy order in today 1.25. Storumans news feels close.
Can anyone enlighten me regarding the 4 big trades at approx 9:10am today and yesterday each for £15k. Appear as sells but each day 2nd slightly less than 1st suggests some kind of sell followed by buy minus fees.
yes it's not obvious. You need to view https://sgu.se/bergsstaten/ in Swedish. Then scan down to section titled 'Kungörelser' obviously, and you'll see all the latest news re permits. You then just copy and paste the articles into google translate. Hope that helps.
Hi Mineralex. Do you know if this webpage has been recently updated to include tertiary? I notice Beowulf are in there too which confused me as a) i thought Kallak was in Norrbotten County and b) their application was rejected recently
No prob https://sgu.se/bergsstaten/
"Hastie Mining has been developing a deposit in Kentucky for the past three years. It will have capacity to produce 20,000 tpy of fluorspar when it comes online in the second half of 2018." Fits in terms of location (stable-ish western democracy) and fact it's term producing...
https://imformed.com/fluorspar-renaissance-rallies-in-south-africa/ In July 2017, a few months before Possehl signed offtake agreement with Tertiary, their rivals Traxys - which I believe is another global commodities trader - signed an offtake agreement with SepFluor in SA. Both know there is finite resource; China exports falling as home consumption rises / production falls. Possehl sees its rivals starting to lock down supplies. Seen in this light, the Possehl-Tertiary deal looks like a major strategic response by Possehl to miror their rivals' defensive stance re securing supply chain. I have just realised that Tertiary is actially of significant strategic importance to Possehl. Their major customers will use a wide variety of commodities. Failure to effectively supply one key mineral plays into the hands of your competitors, who can supply all.
A real uptick in permit news... 5 new permit awards in past 2 days in Sweden from Iron, to Diamonds, Cobalt to Oil/Gas! The message is clear: drill baby drill/ dig baby dig. Sweden is open for (mining) business. If I can buy any more around 1.2 I will be doing so. It doesn't look like there'll be any rain, dear, to ruin the day. Sorry.
That info is out of date. We bought Moyle's 10% in Dec 17.
Doffs cap
All in the track. We've already had the decision that places national interest Mining over national interest reindeer husbandry so this is a shoe in now. The big news for me was even with extend Eia area there was no impact on Nature reserve over the road (literally).
[adds #star to list of twitter research hashtags to investigate]
Just had the same plus 3 other alerts all of which were errors. I thought Christmas may have arrived early for a second... as you were.
Positive end of the line for this fellow long suffering Swedish miner... Application started 2010! Norrbotten County (which borders our own, is the furthest north in Sweden, home to Beowolf Mining's Kallak deposit and even more Reindeer herders) looks like a tougher jurisdiction to our own Vasterbotten county, plus I don't think this one is classed as a mine of national importance, like ours. Feels like a lot of positive news coming out of Swedish Mining! "Processing concession for the Viscaria K area 7 On March 26, 2018, the mayor decided to grant Avalon Minerals Viscaria AB's (Avalon) application for processing concession for the Viscaria K No. 7 area of ​​Kiruna, Norrbotten County. The granted concession has a validity period of 25 years from the date of the decision and entitles the holder to recovery and reconciliation of the concessionary copper. The application, which entered the Bergstreet on 19 April 2010, originally referred to two proposed concession areas, which were subsequently split up to include five concession areas. Of these five areas, the application has been granted for Viscaria K nr 3 and K nr 4 in 2012. The application for areas K nr 5 and K nr 6 has been withdrawn by Avalon. The Mayor granted Avalon's application for the area of ​​Viscaria K No 7 on November 27, 2014, the decision was appealed to the government of Laevas Sami. In view of the fact that the legal situation has been clarified by the Supreme Administrative Court's judgment of 22 February 2016 in Case No 2047-14 regarding the use of land to be examined in a matter of processing concession pursuant to the Mineral Law, the Government decided on 30 June to suspend the contested decision and to leave return case to the mountaineer for new treatment. In the new trial of Viscaria K No 7, the Berg State has requested and received additional information from Avalon. The additions concern clarification of which facilities are planned for the requested activity and the land that will be required for the facilities. After that, the Bergsstaten has handed over the matter to the county administrative board in Norrbotten for their position on the basis of the application of the household rules in Chapters 3 and 4. Environmental Code and based on the aggregate material concerning the application for Viscaria K No 7. The County Administrative Board has made the same assessment as 2014 and approves the requested concession. Viscaria K nr 7 is located in a detailed planning area for the industrial and mining industry. The area is designated as national interest for valuable substances and materials. The concession area does not concern any other designated national interest, but is partly encompassed by two national interests for wastewater treatment. The Berg State's decision is appealed to the government until 3 May 2018"
Some positive news from Norra Karr, the Rare Earth mine at the centre of the change in Swedish case law, which has led to Tertiary's Kyrkberget (Storumans) having to go back through the courts to have permit reviewed ...."On 19 March 2018, the Mayor decided on extended validity until 31 August 2019 for the examination permit Norra Kärr nr. 1 in the municipalities of Jönköping and Ödeshøj. The owner of Ödeshögs Kopparp S: 1, S: 2 and S: 3 is informed of the decision.".
Did a little digging on Ghurayyah this evening (well somebody should!). Tertiary (50%), AH Algosaibi Bros Co (25%); Al Nahla Trading & Contracting Co (25%). Algosaibi and Nahla represent 2 of the wealthiest families in Saudi. The Algosaibis have had a torrid time since 2009; the tale is straight out of a novel. The Algosaibi antagonist happens to be the first person held in the corruption purge by the new prince https://www.newyorker.com/news/news-desk/in-saudi-arabia-an-arrest-in-a-billion-dollar-bank-bust I would deduce that their stake in Ghurayyah will form part of a debt repayment package to be agreed between them and their creditors which is still ongoing. Al Nahla which represents the Sharbatly family have faired better and they're still doing well. Not sure if the above would/is affect/ing any movement on the project. Separately, Saudi Prince Salman meeting Trump currently to try to get approval to mine and enrich uranium...
i stand corrected. Perhaps they disable some accounts leaving posts and delete other accounts removing posts? Who knows...
Suggested 1.04 was strong fib support. I'm holding long and strong. Will top up if goes much lower.