Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lol what can Kurt say?
"Sorry investors , I take full responsibility for the way the AXX, FTSE, FTSE350 mining and the GPB crashing out and billions of pounds of investments disappearing as we near Brexit...love Kurt"?
Mining companies want to support Sami companies
Published at 13.36
From the early mining plans in Gállok / Kallak apart from the local population, the mining company Beowulf Mining wants to safeguard the local community life through a cooperation agreement with Jokkmokk's commonplace and make similar agreements with Sami companies.
See video in the article.
It was at the end of 2014 that Jokkmokks Allmänning, Norrbotten's third largest forest owner entered into an agreement with the then Jokkmokk Iron Mines, today Beowulf Mining. It was about half a million that the company gave to Jokkmokks commonplace with the obligation that they in turn support small business in the locality.
- The mine creates great economic activity. But the big picture here is the economic situation that Jokkmokk can have after the mine. Creating a positive difference in society is what gets me out of bed in the morning, says Kurt Budge, CEO of Beowulf Mining to Sameradion & SVT Sápmi.
At the beginning of the company's time in Kallak, the former CEO asked if there was even a local resistance. It is a statement that Kurt Budge takes away from.
- It was idiotic things that the previous management said, it was disrespectful to the reindeer herders and others in the resort. Something like this I or those who are now in the management have said, we take seriously our role in Jokkmokk.
Recently, Beowulf Mining concluded that they will contribute an additional SEK 300,000 to Jokkmokk's commonplace if their application for processing concession is approved. The case has been with the government for two and a half years. But even though they do not know how it will be with the mine, they still want to support the local business community. According to the exploration company, the sum that they give corresponds to Jokkmokk's commonplace, the common investment in the company Jokkmokks Log. The log house company that recently moved parts of its operations from Finland to Jokkmokk will buy timber from the town.
The similar agreement that Beowulf Mining has made with Jokkmokk's Alliance sees Kurt Budge that they could support Sami small business. They have followed the OECD's report on Sami industries and see that there is a need to support Sami entrepreneurship.
- It goes without saying that we can develop similar designs to support Sami entrepreneurs, says Budge.
We do not comment on agreements entered into, says Jokkmokk's General Manager Christian Rimpi on the phone when we try to get him to an interview about the joint collaboration agreement with Beowulf mining. Representatives of Jokkmokks Log also do not want to be interviewed.
https://sverigesradio.se/sida/artikel.aspx?programid=2327&artikel=7264125
Absolutely, it's lovely to see the bees again.
The local farmers have really made good effort this year, huge amounts of field boundary full of wild flowers and grasses, making a real difference to the area :)
Speaking of which if of out there again and going to enjoy this sunshine!
Suze it's something I've really good my head into in recent years, (sorry for the OT everyone).
I've created a wild patch at the top of our garden (about 50ftx50ft) and left it, threw a few thousand wild flower seeds and bee bombs down back in Feb and now it's going mad.
I understand, but what else can they do? They've been active in Finland etc whilst we wait and really 'frugal' with the cash burn IMO whilst they wait.
As we know Kallak is everything I don't think anybody here really is invested in anything else?
Any ideas why they continue to trade at 8p over yonder?
https://spotlightstockmarket.com/en/companies/irtrade?InstrumentId=XSAT01000607
Aww lighten up...there's a very special occasion due later this year...which is the Winter shutdown (normally kicks off around end of September) the reason why it's special will be because it's our 9th Anniversary.
So rumours aside, the winter shutdown alone makes you wanna hang about to see the action...it's brill and many LTH's here love it!
Knee jerk I reckon, see of red everywhere, bad day on the wider markets in general with huge drops, it'll soon recover, Boliden have made a good political move, good for them, hopefully it'll have the desired effect on the heads of industry.