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Tertiary reports positive progress on Sweden fluorspar project
Fluorspar-focussed firm Tertiary Minerals updated the market on the exploitation mine permit re-assessment for its Storuman fluorspar project in Sweden on Tuesday, reporting that recent positive meetings had been held between the head of the Swedish Mining Inspectorate, the county administrative board of Västerbotten, and Tertiary.
The AIM-traded company said comprehensive supplementary reports and a legal statement had now been submitted to the Swedish Mining Inspectorate, which was requested as part of the permit re-assessment process with a deadline of 16 April.
It included an in-depth analysis of reindeer herding, along with reindeer herding and reindeer grazing conditions in the area of planned mining operations.
The reports also included a description of vegetation and reindeer conditions in the area of the planned tailings storage facility, and an in-depth analysis of the impact expected on the Natura 2000 area, Kyrkbergstjärnen.
Tertiary said the in-depth analysis showed that its proposed mining operations at Storuman, with mitigation measures proposed, would have only a "minimal impact" on reindeer husbandry, and that there would be no impact on the Natura 2000 area.
"We are pleased with the positive findings from the in-depth analysis and the high quality of the reports produced," said Tertiary managing director Richard Clemmey.
"Given that we continue to have support from the majority of key stakeholders, we remain hopeful of a positive resolution to the Mine Permit re-assessment process in the near future.
"It is, however, worth noting that the company has no influence on the speed at which the re-assessment of the grant of the mining permit is being processed by the authorities."