translation, page-3

This is what noodlesom had found.:

Still based on Google Translate, but ( my comments where most needed.)
Regards
JJ.


http://sermitsiaq.ag/forsker-uranmine-kan-slaa-staaldoeren-i-2018


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Researcher: Uranium Mine can (reopen the) steel door in 2018. The pace depends on whether the a legal battle between Denmark and Greenland (will ) drag on.

A 1000-meter (long mineshaft) winds into the interior of Kuannersuit. All sunlight is shut out by a wall of concrete and a solid steel door. Last time it was seething with activity behind the steel door, (was) when scientists from the Geological Survey of Denmark and Greenland (mined) 10,000 tonnes of ore out of the mountain. The ore contained zinc, rare earth metals and uranium. The ore materials were sent for studies in Denmark. The year was then 1982.


Australian Greenland Minerals and Energy (have invested in and hopes) to open the steel door (in 2017) and extract lots of metal for several decades (to come).

With zero tolerance dispelled, (the) company (will) submit a (mining) application in autumn 2014. (Even if ) Naalakkersuisut (givs tumbs up) to (this), and (to the )studies of the environmental aspects, it (might) still take several additional years, before the mine (is) up and running.

A control system, as well as (adobtion of) international rules on export of uranium is quite simply no ( in ) place in the Kingdom . It can take from 5 to 10 years , estimates a report by (civil servants) officials from - among other - ( the ) Mining Authority (of Greenland) and the Danish Ministry of Foreign Affairs .

Important negotiations.
"That estimate sounds reasonable", (said ) Cindy Vestergaard , Senior Researcher at the Danish Institute for International Studies with a focus on the global management of uranium.
" There are probably some dispute between Denmark and Greenland (on) the uranium issue , but it should rather take 5 years than 10 years to resolve them," she said.

One point of contention is that Greenland has (the right to all) raw materials , while foreign- and security (policy) remains a Danish responsibility, and Denmark claiming that all uranium exports (do have ) foreign and security policy aspects.

A mine (might be able) to open in 2018, but it can easily go slower or faster. The pace depends largely on negotiations in the commonwealth (between Greenland and Denmark, expect) Cindy Vestergaard.

A more practical hurdle is that Greenland Minerals and Energy (need )to raise money to build the mine. According to the company's project director Rod McIllree (progress is rapid). (To the) newsagency Bloomenberg News, has he just reported that the mining company is in the process of the initial negotiations with the Government of Denmark and a number of investors to sell debt to finance ( a ) 4,454,000,000 Dkr. investment in Kuannersuit project. (856M Au$)

(Backed by the State).
Half of the millions must go to (build) a hydroelectric plant and port near (by) the mine. The (investments will be divided into 2 stages). Greenland Minerals and Energy hopes that the first 2,227,000,000 Dkr. (can be paid out) in (the)summer 2014.

Export Credit Fond (Eksport Kredit Fonden (EKF)) confirms that (they are) among those interested. To Bloomenberg News spokesman Ole Lindhardt, say's however, there is a reservation (to wards) Kuannersuit.: "In the case of a uranium project (there are) things we (just have to) examined, in relation to our social corporate responsibility".

EKF is owned by the Danish state. With a guaranteed investment from this fond ( a company will actually have the back-up (and garantee) from) the Danish state. It can make a difference. Partly because the fond covers (all) unexpected losses, (and) partly because it will be easier to borrow money elsewhere.

The motivation for EKS is to create new jobs that will benefit Denmark....
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