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hatrack

(59,442 posts)
Tue Mar 26, 2013, 08:38 AM Mar 2013

Worries About Impact Of Mining, Oil Exploration By Foreign Companies Brings Down Greenland Gov.

The race for resources in the frozen wastes of the Arctic has brought down its first national government, leaving foreign oil and mining companies shivering about the future. Voters in Greenland feared that ministers were surrendering their country's interests to China and foreign multinationals and called an end this week to the government of prime minister Kuupik Kleist.

London Mining, which has a former British foreign minister, Sir Nicholas Bonsor, on the board, has been at the centre of a row in the country after speculation it could bring in 2,000 Chinese workers to build one of the world's biggest iron ore mines expressly to serve steel mills in Beijing.

The activities of Edinburgh-based Cairn Energy, which drilled for oil off Greenland's south-west coast in 2011, had also polarised opinion between those who welcomed the potential for a hydrocarbon strike bringing huge economic wealth and those worried about spills. The Siumut party in Greenland, led by Aleqa Hammond, has just won 42% of the vote, allowing it to form a coalition government in place of the current ruling party led by Kleist.

The election campaign was dominated by a debate over the activities of foreign investors and concerns among the 57,000 population that Greenland's future could be dictated by the demands of potentially polluting new industries such as mining and oil rather than traditional Inuit trades of fishing and hunting.

EDIT

http://www.guardian.co.uk/world/2013/mar/15/greenland-government-oil-mining-resources

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Worries About Impact Of Mining, Oil Exploration By Foreign Companies Brings Down Greenland Gov. (Original Post) hatrack Mar 2013 OP
Greenlanders are right to be worried Demeter Mar 2013 #1
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