The current exploitation and closure plan approval follows the company’s exploitation licence award in December last year
Bluejay wins approval for Dundas project plan in Greenland. (Credit: jplenio from Pixabay.)
Bluejay Mining, an exploration and development firm, has received approval from the Government of Greenland for its exploitation and closure plan for the Dundas Ilmenite project.
The current approval for exploitation and closure plan follows the company’s exploitation licence award in December last year.
The exploitation plan includes the exploitation of the mineral deposit, including the infrastructure, geology, environment, fiscal, socio-economy, and health and safety.
The closure plan is a technical plan that describes the removal of equipment and installations when the operations are finally completed.
The current exploration and closure plan is the final government approval required for the company before commencing construction at the Dundas project.
Bluejay Mining CEO Bo Møller Stensgaard said: “The Permit covering the Dundas Ilmenite Project’s Exploitation and Closure Plan is the final Government approval required to enable the commencement of construction.
“Following the receipt of our approved Exploitation Licence, we continue to finalise the optimisation planning and engineering sign-off, together with advancing discussions with partners to form a strong project financing syndicate.
“The Greenland Government has remained supportive of the Project throughout a recent Parliamentary election and the Covid-19 pandemic, and we look forward to developing our project portfolio in Greenland in the most sustainable way possible, while respecting local stakeholders.”
Bluejay has exploration and development projects in Greenland and Finland.
Dundas Ilmenite is its most advanced project in Greenland, whose development is being accelerated towards production in the short term.
The company is focused on securing financing prior to the start of commercial production at Dundas, to create a company that can self-fund for exploration and future acquisitions.
Bluejay holds three additional projects in Greenland, including the 2,897km2 Disko-Nuussuaq project, the 692km2 Kangerluarsuk zinc-lead- silver project, and the 2,555km2 Thunderstone project.
The company has reached a joint-venture agreement with Rio Tinto Mining and Exploration for the development of its Enonkoski project in Finland.
Greenland housing, infrastructure, mineral resources and gender equality minister Naaja Nathanielsen said: “We are pleased to announce approval of the Exploitation and Closure Plan for the Dundas Ilmenite Project.
“This project provides new opportunities for the local community and marks a stepping-stone for the mining sector. We look forward to the continued cooperation with Bluejay Mining and Dundas Titanium on this and their other projects in Greenland.”