ESA has closed complaint cases regarding Engebø tailings deposit
Today, ESA (“EFTA Surveillance Authority”) has informed that it has closed three complaint cases against Norway’s permitting of the tailings disposal for the Engebø rutile project. ESA’s press release in English and Norwegian is available at: http://www.eftasurv.int/press--publications/press-releases/internal-market/internal-market-esa-closes-complaint-cases-against-norwegian-mining-decisions
CEO Ivar S. Fossum comments: “ESA’s closing of the complaints was expected and confirms that Norway’s decision-making process related to the permitting has been conducted within the requirements set out in the European Water Framework Directive. We are pleased with ESA’s statement that the complaints are closed. The clarification underpins the assessment of sea disposal as a viable and environmentally safe solution for the project.”
Nordic Mining currently carries out a pre-feasibility study (“PFS”) for the Engebø project. The scope of the PFS includes description and assessment of relevant aspects of the project. The plan is to complete the PFS in Q2 2017.
For further information please contact CEO Ivar S. Fossum, telephone +47 930 96 850.
Oslo, 18 January 2017
Nordic Mining ASA
Nordic Mining ASA (www.nordicmining.com)
Nordic Mining ASA (“Nordic Mining” or “the Company”) is a resource company with focus on high-end industrial minerals and metals in Norway and internationally. The Company’s project portfolio is of high international standard and holds a significant economic potential. The Company’s assets are in the Nordic region.
Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking a large-scale project development at Engebøfjellet in Sogn and Fjordane where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Permits for the project have been granted by the Norwegian government. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Hordaland and develops the project through its subsidiary Nordic Quartz AS. Nordic Mining’s associated company Keliber Oy in Finland plans to start mining of lithium bearing spodumene and production of lithium carbonate. Nordic Mining holds exploration rights on the Øksfjord Peninsula in Troms and Finnmark, where the Company has discovered a prospective area of sulphide mineralisation. Through the subsidiary Nordic Ocean Resources AS, Nordic Mining is exploring opportunities related to seabed mineral resources.
Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.