Political Change In Greenland Affects Kvanefjeld Uranium Project

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.

Click here to read the Greenland Minerals and Energy Ltd (ASX:GGG) press release.