Beowulf Mining has issued an update on the application process for Kallak North. On the 21 September, the Company submitted a letter to the Mining Inspectorate of Sweden, revising its application boundary to encompass both the Concession Area, delineated by the Kallak North orebody, and the activities necessary to support a modern and sustainable mining operation. The revised boundary takes into account the judgement made by the Supreme Administrative Court of Sweden in the Norra Kärr case, which stated that activities associated with a mining operation, but outside of the previously considered Concession Area, need to be studied as part of an application for an Exploitation Concession. Beowulf says all the activities associated with a mine at Kallak, and their environmental effects, have been comprehensively studied as part of the Environmental Impact Assessment for the project. The EIA has also been reviewed in full by the County Administrative Board, during the period from April 2013 to October 2014. In the letter, Beowulf reaffirmed the commitment it made back in November 2014, in response to the concerns raised by the CAB in October 2014 about a specific transport corridor under consideration, to eliminate the transport corridor that passes in a north/north-easterly direction through the Jelka-Rimakåbbå Natura 2000 area. Chief executive Kurt Budge said: "We have been proactive in addressing what we believe are the matters raised by the Norra Kӓrr case, to facilitate the Mining Inspectorate's further review of the Company's application. "We have always maintained that we have carried out all the necessary work to get an Exploitation Concession awarded. In 2015, and before the Norra Kӓrr judgement, this was validated by gaining the support of the CAB and the recommendation of the Mining Inspectorate. "Before the Norra Kӓrr judgement, it was working practice in Sweden to limit decision criteria for an Exploitation Concession to the Concession Area, even though the EIA studied all the activities necessary to support a mining operation. Yet, you can't reap the economic benefits that a Concession Area can deliver, without having the required activities to support a mining operation. "We have invested in Jokkmokk, we have established a business, created value and, most importantly, we have taken no shortcuts in the preparation of our application for an Exploitation Concession. "I was in Luleå in early September and read in the newspaper of the loss of 40 jobs in Jokkmokk, being equivalent, in effect, to the loss of 7,000 jobs in Stockholm. Kallak has the potential to create 250 long term jobs, and we have a vision of Kallak as the catalyst for establishing a diverse, thriving and sustainable economy in Jokkmokk, long after mining has finished. "Our approach throughout my time with the Company, has been to show our desire to become a local partner and, as we advance the project, deliver the responsible development of Kallak, sharing our plans and ideas with the community. "Permitting delays have hindered our efforts, but we have demonstrated our firm commitment and begun to establish important relationships for the future. "Now that we have made this submission, we will be asking for transparency on timeline and process to a decision being made, and will update shareholders in due course. I am optimistic that we remain on course for a positive decision."
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