The company had probably hoped that a new political leadership in Greenland would lift the uranium ban and pave the way for their Kuannersuit project. Instead, the policy remains the same.
“The Uranium Act has put an end to mining development in Greenland.”
“The Uranium Act has
This was stated by CEO Daniel Mamadou at the Energy Transition Minerals annual meeting, held at the Hotel Grand Chancellor in Melbourne, Australia, on May 29.
“The Uranium Act has put an end to mining development in Greenland.”
“The Uranium Act hasAnnouncement
This was stated by CEO Daniel Mamadou at the Energy Transition Minerals annual meeting, held at the Hotel Grand Chancellor in Melbourne, Australia, on May 29.
The director further stated that the company had acted in good faith and that there was no legal justification for the Uranium Act from 2021. Instead, it was a change in legislation for ideological reasons, which had affected their project because the uranium content in Kuannersuit is between 200 and 400 ppm, which is higher than the permitted 100 ppm according to the Uranium Act.
In addition, Daniel Mamadou expressed that the political leadership had not changed in Greenland after the election, and that the Minister of Raw Materials and Industry [Naaja H. Nathanielsen, ed.] was the same as before the election, and that it was she who was the architect behind the uranium law.
Among the participants at the annual meeting was Dave Sweeney from the environmental organization Australia Conservation Foundation, with whom Sermitsiaq has subsequently been in dialogue.
Monitors the activities of uranium companies
Dave Sweeney has been involved in the Australian uranium resistance for 25 years. Part of his work involves monitoring the activities of Australian uranium companies operating overseas. This has primarily been about activities in Africa, but Dave Sweeney became aware of the Kuannersuit project back in 2015 when he met some concerned people from Greenland at a PDAC conference.
– Not long after, a delegation from the Greenlandic parliament came to Australia to look at the mining sector, and I gave an NGO briefing. One of my close colleagues also travelled to Greenland to meet with concerned representatives from the local community. So I have both a personal and professional connection to the project.
– I attended the annual meeting because I would like to renew my knowledge of the issue in Greenland, also in view of the Trump administration’s ambitions in relation to Greenland. I also wanted to show solidarity with those who are concerned about and oppose the project in Greenland, says Dave Sweeney, who also noted during the meeting that the strategic advisor on the project, Svend Hardenberg, participated online.
Dissatisfaction with the coalition
In February – during the election – the company’s management stayed in Greenland, where they spoke with politicians, media and local stakeholders, including in Narsaq.
The company published an “Industry Update” at the time stating that the “worst case” scenario was that the then government regained power after the election, and that the uranium ban remained in force after the election.
Daniel Mamadou also confirms to Sermitsiaq that at the annual meeting he expressed his disappointment that the Greenlandic government did not want to attend a meeting and listen to the proposals for development alternatives that the company believes would address the concerns that the population may have about the project.
In addition, he confirms that in a personal comment to Dave Sweeney after the meeting, he said that the Greenlandic Minister of Industry and Natural Resources omits certain information when appropriate.
At the meeting, the board of directors was also asked by one of the shareholders present whether they would guarantee to keep the company in Australian hands, to which the board of directors replied that the company was a listed company and that the company’s actions were ultimately determined by a majority of the shareholders via resolutions made by the board of directors.
Chinese Shenghe Ressource continues to have the largest ownership stake in the company with 9.2 percent of the shares.
The Uranium Act is passed
Sermitsiaq has reprimanded Naalakkersuisoq for Industry and Raw Materials Naaja H. Nathanielsen for the company’s comments, to which she responds.
– At a meeting in May, I informed the company that there are no plans in the coalition to change the Uranium Act. Furthermore, I do not detect any interest in changing the Uranium Act in the parties. During the election campaign, however, several parties announced that they stand by the Uranium Act. So there is no prospect of changes regardless of whether one coalition or the other is at the helm. My proposal is that the Uranium Act will remain in place. And I think that is very good for the peace in the raw materials area, says Naaja H. Nathanielsen.
“The Uranium Act has put an end to mining development in Greenland.”
“The Uranium Act has
This was stated by CEO Daniel Mamadou at the Energy Transition Minerals annual meeting, held at the Hotel Grand Chancellor in Melbourne, Australia, on May 29.
“The Uranium Act has put an end to mining development in Greenland.”
“The Uranium Act hasAnnouncement
This was stated by CEO Daniel Mamadou at the Energy Transition Minerals annual meeting, held at the Hotel Grand Chancellor in Melbourne, Australia, on May 29.
The director further stated that the company had acted in good faith and that there was no legal justification for the Uranium Act from 2021. Instead, it was a change in legislation for ideological reasons, which had affected their project because the uranium content in Kuannersuit is between 200 and 400 ppm, which is higher than the permitted 100 ppm according to the Uranium Act.
In addition, Daniel Mamadou expressed that the political leadership had not changed in Greenland after the election, and that the Minister of Raw Materials and Industry [Naaja H. Nathanielsen, ed.] was the same as before the election, and that it was she who was the architect behind the uranium law.
Among the participants at the annual meeting was Dave Sweeney from the environmental organization Australia Conservation Foundation, with whom Sermitsiaq has subsequently been in dialogue.
Monitors the activities of uranium companies
Dave Sweeney has been involved in the Australian uranium resistance for 25 years. Part of his work involves monitoring the activities of Australian uranium companies operating overseas. This has primarily been about activities in Africa, but Dave Sweeney became aware of the Kuannersuit project back in 2015 when he met some concerned people from Greenland at a PDAC conference.
– Not long after, a delegation from the Greenlandic parliament came to Australia to look at the mining sector, and I gave an NGO briefing. One of my close colleagues also travelled to Greenland to meet with concerned representatives from the local community. So I have both a personal and professional connection to the project.
– I attended the annual meeting because I would like to renew my knowledge of the issue in Greenland, also in view of the Trump administration’s ambitions in relation to Greenland. I also wanted to show solidarity with those who are concerned about and oppose the project in Greenland, says Dave Sweeney, who also noted during the meeting that the strategic advisor on the project, Svend Hardenberg, participated online.
Dissatisfaction with the coalition
In February – during the election – the company’s management stayed in Greenland, where they spoke with politicians, media and local stakeholders, including in Narsaq.
The company published an “Industry Update” at the time stating that the “worst case” scenario was that the then government regained power after the election, and that the uranium ban remained in force after the election.
Daniel Mamadou also confirms to Sermitsiaq that at the annual meeting he expressed his disappointment that the Greenlandic government did not want to attend a meeting and listen to the proposals for development alternatives that the company believes would address the concerns that the population may have about the project.
In addition, he confirms that in a personal comment to Dave Sweeney after the meeting, he said that the Greenlandic Minister of Industry and Natural Resources omits certain information when appropriate.
At the meeting, the board of directors was also asked by one of the shareholders present whether they would guarantee to keep the company in Australian hands, to which the board of directors replied that the company was a listed company and that the company’s actions were ultimately determined by a majority of the shareholders via resolutions made by the board of directors.
Chinese Shenghe Ressource continues to have the largest ownership stake in the company with 9.2 percent of the shares.
The Uranium Act is passed
Sermitsiaq has reprimanded Naalakkersuisoq for Industry and Raw Materials Naaja H. Nathanielsen for the company’s comments, to which she responds.
– At a meeting in May, I informed the company that there are no plans in the coalition to change the Uranium Act. Furthermore, I do not detect any interest in changing the Uranium Act in the parties. During the election campaign, however, several parties announced that they stand by the Uranium Act. So there is no prospect of changes regardless of whether one coalition or the other is at the helm. My proposal is that the Uranium Act will remain in place. And I think that is very good for the peace in the raw materials area, says Naaja H. Nathanielsen.