Greenland Minerals and Energy receives approval from Government for Kvanefjeld

Greenland Minerals and Energy (ASX: GGG, US-OTC: GDLNF.PK) has received a boost to the Kvanefjeld multi-element project in southern Greenland.
The Greenland Government has approved the company's ‘Terms of Reference’ for environmental and social impact assessments at the project.
The importance of the approval for Greenland Minerals is very significant, with the approvals a critical component of Definitive and Bankable Feasibility Studies.
This latest news is another boost for the company's Kvanefjeld operations, and follows on from the news in June of key work programs on the efficient development of the project.
Significantly, the beneficiation testwork programs are now producing positive results with recent tests resulting in the concentration of >85% of light REEs in <15% of the mass. This effectively increases the grade fivefold.
This opens the opportunity for further reductions in the capacity and cost of the REE leach circuit while maintaining a high output, reducing the capital costs of the project.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/18304/greenland-minerals-and-energy-receives-approval-from-government-for-kvanefjeld-18304.html