4th Sep 2015 07:03
LONDON (Alliance News) - Beowulf Mining PLC on Friday said it has been invited to give its views on the Kallak North project in Sweden and said the process for gaining approval of the project appears to be moving to the final stages.
Beowulf said Sweden's Department of Enterprise and Innovation has invited the company to give its views on the findings made by the County Administrative Board for Norrbotten county on the Kallak North iron ore project.
Back in July, the board found mining at the site is "economically relevant" and said the Kallak North site will generate economic benefits on local, regional and national levels.
It has a deadline of September 14 to make a final statement on the findings. Beowulf also said Sweden's government recently told the media that a decision on the concession for the project will be made in the autumn.
"We respect the process that The Government of Sweden is conducting with regard to our application and are pleased that we appear to be in the final stages," said Kurt Budge, Beowulf's chief executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Beowulf