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Bluejay Mining says Greenland considering reliefs to help mining sector

Among the proposals are a relaxing of exploration commitments associated with licences

BlueJay Mining PLC -
Bluejay's Dundas ilmenite project is in Greenland

Bluejay Mining PLC (LON:JAY) has said the Government of Greenland is considering a number of reliefs to help the mining sector during the coronavirus crisis.

Among the proposals are a relaxing of exploration commitments associated with licences, a halt to fees and charges and relief on charges for exploitation permits. 

In Canada, the company's heavy mineral concentrate pilot processing facility has stopped working and the plant has been placed on care and maintenance.

The situation is evolving rapidly, and Bluejay said it will continue to provide updates as appropriate in addition to the strategic review publication.

Bluejay CEO Roderick McIllree said,  " We have worked hard to ensure the safety and wellbeing of all our team and wish to thank them as well as our suppliers, communities and government entities for their support during this challenging time.  

"Bluejay is committed to working with all its stakeholders in helping overcome the unprecedented challenges presented by this pandemic."

Quick facts: BlueJay Mining PLC

Price: 5.7 GBX

AIM:JAY
Market: AIM
Market Cap: £55.29 m
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