Jorgen Chemnitz

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Greenland may well develop into a large exporter of uranium. In the south of the island, rare earth deposits are among the largest in the world. Huge reserves of oil and gas are hidden off shore.

And yes, London Mining, a British mining company, and the Greenland self-government authority are luring the Chinese to invest $2 billion in an iron-ore mine close to the Greenland ice sheet some 175 kilometers north of Nuuk, the capital.

But let us stay cool as we discuss these prospects. Farfetched speculation is currently emanating from think-tanks and commentators on how Chinese military bases and Greenland’s rapid independence from Denmark are likely offshoots of these industrial projects.…  Seguir leyendo »