Greenland Minerals and Energy Ltd (ASX:GGG,PINK:GDLNF) announced a change in Greenland’s political policy regarding uranium will affect its Kvanefjeld project.
As quoted in the press release:
On Wednesday 21st November the position of Greenland in regard to uranium policy was addressed in Greenland’s parliament. A show of unanimous support was given from all political parties to fast-track an independent review to finalise the government driven, multi-year phase of information gathering on uranium production and associated issues. Importantly this review includes aspects that relate to Greenland’s foreign policy, which is managed by Denmark.