Greenland waves exploration licence obligations for 2020

The government of Greenland has waved mineral exploration licence obligations and expenditures through to the end of the year, as part of emergency relief it is providing to the mining sector amid the coronavirus pandemic.

The decision covers all companies with exclusive mineral exploration licences in Greenland, including special exploration licences, regardless of the licence age, and relates to expenditure obligations between January 1 and December 31, 2020.

In a statement, the Mineral Resources Authority says it is monitoring the global Covid-19 situation, and understands the resulting challenges for the mineral resources industry.