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Mining
Beowulf Mining PLC

Beowulf confident of exploitation concession grant for Kallak North

Kurt Budge, chief executive of Beowulf Mining (LON:BEM), remains optimistic an exploitation concession will be granted for its Kallak North iron ore deposit in Sweden.
He says that he “struggles to see any outcome where [Beowulf] can get a ‘no’ decision”, adding that the company will do everything in its power to satisfy Swedish regulations.
Reflecting on last year, Budge believes it was a difficult but necessary 12 months, stating that “2015 wasn't a lot of fun always, but we certainly made a lot of progress."

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Price: £0.06

Market: AIM
Market Cap: £33.11 m
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