GREENLAND AWARDS FIRST BIG MINING EXPLOITATION LICENSE

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COPENHAGEN: Greenland awarded on Thursday (Friday in Manila) its first big mining exploitation license, approving a project by British company London Mining, which will most likely hire Chinese workers. London Mining said in a statement that the government of the island has granted them a 30-year license to exploit an iron deposit located 150 kilometers from the capital Nuuk, which should produce 15 million tons a year.

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AFP

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