Friday, April 05, 2013

Greenland seeks wealth for it's country in Rare Earth Minerals.

There is new leadership coming to Greenland. As a result, there will be less offshore drilling, but, a focus on mining Rare Earth Minerals. Greenland has the second largest deposits in the world.

The new leadership in Greenland is seeking to limit foreign labor and return it's wealth back to the people of Greenland. They love the land and they want to stop the insult of the petroleum industry to their waters and environment. The new leadership believes providing responsible and much needed minerals to other economies is a better value of their land.


The Ilímaussaq alkaline complex (click here),
South Greenland: status of
mineralogical research with new results (click here for 2001 report - land doesn't change in composition in a decade)

This new leadership comes at a time when Greenland has lost huge amounts of ice off it's glacier fields. These decisions are more moral choices by the people of Greenland.


Greenland’s new government puts the brakes on more offshore drilling (click here)

05 April 2013.
The incoming government lead by Aleqa Hammond in Greenland will put the brakes on further offshore drilling for oil. Licences for 11 new blocks in Northeast Greenland, said to contain more than 30 billion barrels in reserves, will not be handed out after the new administration takes office on April 5th.
This is an abrupt change of direction from the previous policy under former Premier Kuupik Kleist, but it will not affect existing licences for drilling or exploration....
I congratulate the people of Greenland.