I would say this would allow RMR to begin their project now.Good news for shareholders
The Greenlandic Parliament approved the so-called ‘big-scale law’ on mining a few weeks ago. The law makes it easier and cheaper for foreign mining companies to start large projects in Greenland. Under the new law, any project worth over 5 billion Danish kroner would require a license from the regional government and would need to undertake an environmental and social impact inquiry. The most controversial aspect of the new law is that it allows foreign companies to contract cheaper foreign workers. The law requires that the foreign workers be paid at the local minimum wage and would be entitled to local labour rights (right to strike, collective bargaining), but because the law also allows employers to deduct costs such as insurance and food from their wages, they would likely end up being paid less than local workers.
