At the Crossroads: Mining Policy in Greenland

Despite formidable physical barriers, mining has taken place in Greenland for more than 100 years. Initially it was by royal concession but without a formal regulatory framework; later there were a few guiding principles laid down by law and elaborated administratively to suit the occasion. One prev...

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Published in:ARCTIC
Main Author: Sinding, Knud
Format: Article in Journal/Newspaper
Language:English
Published: The Arctic Institute of North America 1992
Subjects:
Online Access:https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452
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spelling ftunivcalgaryojs:oai:journalhosting.ucalgary.ca:article/64452 2023-05-15T14:19:11+02:00 At the Crossroads: Mining Policy in Greenland Sinding, Knud 1992-01-01 application/pdf https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452 eng eng The Arctic Institute of North America https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452/48387 https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452 ARCTIC; Vol. 45 No. 3 (1992): September: 211–326; 226-232 1923-1245 0004-0843 Black Angel Mine Economic conditions History Home rule in Greenland Mineral resources Mining Mining law Mining policy Taxation Greenland info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion research-article 1992 ftunivcalgaryojs 2022-03-22T21:21:38Z Despite formidable physical barriers, mining has taken place in Greenland for more than 100 years. Initially it was by royal concession but without a formal regulatory framework; later there were a few guiding principles laid down by law and elaborated administratively to suit the occasion. One previous attempt had been made to devise a policy that would attract investment, but the resulting mining legislation did not seem to have served this purpose. A policy review initiated in 1989 as a result of a growing need for alternatives to the ailing Greenlandic fishing industry recently resulted in the enactment of new mining and tax legislation. The new Mining Act is the first step on the road towards development of Greenland's resources. The real test, however, will come when one or more projects enter the development phase. Then the management of impact of these projects and the revenues they generate will be central to a successful mining policy.Key words: Greenland, mining policy, economic development;resource extraction RÉSUMÉ. Malgré d’énormes obstacles physiques, les ressources minérales du Groenland ont été exploitées depuis plus de 100 ans. L’exploitation s’est faite tout d’abord par concession royale, mais en l’absence d’un cadre législatif et réglementaire; il y a eu ensuite quelques principes directeursétablis par la loi et précisés par l’administration en fonction des cas. Il y avait eu précédemment une tentative pour créer une politique qui attirerait les investisseurs, mais la législation minière qui en résulta ne semblait pas servir cette fin. Une révision des politiques lancée en 1989 et résultant du besoin croissant de trouver une alternative à l’industrie de la pêche groenlandaise qui est mal en point, aboutit à la promulgation de nouvelles lois sur les mines et de nouvelles lois fiscales. La nouvelle loi sur les mines représente le premier pas vers la mise en valeur des ressources du Groenland. Le vrai test viendra cependant lorsqu’un ou plusieurs projets entreront dans la phase dedéveloppement. La gestion de l’impact de ces projets et des revenus qu’ils généreront sera alors essentielle au succès del a politique minière.Mots clés: Groenland, politique d’exploitation minière, développement, exploitation des ressources Article in Journal/Newspaper Arctic Greenland greenlandic Groenland groenlandaise University of Calgary Journal Hosting Greenland ARCTIC 45 3
institution Open Polar
collection University of Calgary Journal Hosting
op_collection_id ftunivcalgaryojs
language English
topic Black Angel Mine
Economic conditions
History
Home rule in Greenland
Mineral resources
Mining
Mining law
Mining policy
Taxation
Greenland
spellingShingle Black Angel Mine
Economic conditions
History
Home rule in Greenland
Mineral resources
Mining
Mining law
Mining policy
Taxation
Greenland
Sinding, Knud
At the Crossroads: Mining Policy in Greenland
topic_facet Black Angel Mine
Economic conditions
History
Home rule in Greenland
Mineral resources
Mining
Mining law
Mining policy
Taxation
Greenland
description Despite formidable physical barriers, mining has taken place in Greenland for more than 100 years. Initially it was by royal concession but without a formal regulatory framework; later there were a few guiding principles laid down by law and elaborated administratively to suit the occasion. One previous attempt had been made to devise a policy that would attract investment, but the resulting mining legislation did not seem to have served this purpose. A policy review initiated in 1989 as a result of a growing need for alternatives to the ailing Greenlandic fishing industry recently resulted in the enactment of new mining and tax legislation. The new Mining Act is the first step on the road towards development of Greenland's resources. The real test, however, will come when one or more projects enter the development phase. Then the management of impact of these projects and the revenues they generate will be central to a successful mining policy.Key words: Greenland, mining policy, economic development;resource extraction RÉSUMÉ. Malgré d’énormes obstacles physiques, les ressources minérales du Groenland ont été exploitées depuis plus de 100 ans. L’exploitation s’est faite tout d’abord par concession royale, mais en l’absence d’un cadre législatif et réglementaire; il y a eu ensuite quelques principes directeursétablis par la loi et précisés par l’administration en fonction des cas. Il y avait eu précédemment une tentative pour créer une politique qui attirerait les investisseurs, mais la législation minière qui en résulta ne semblait pas servir cette fin. Une révision des politiques lancée en 1989 et résultant du besoin croissant de trouver une alternative à l’industrie de la pêche groenlandaise qui est mal en point, aboutit à la promulgation de nouvelles lois sur les mines et de nouvelles lois fiscales. La nouvelle loi sur les mines représente le premier pas vers la mise en valeur des ressources du Groenland. Le vrai test viendra cependant lorsqu’un ou plusieurs projets entreront dans la phase dedéveloppement. La gestion de l’impact de ces projets et des revenus qu’ils généreront sera alors essentielle au succès del a politique minière.Mots clés: Groenland, politique d’exploitation minière, développement, exploitation des ressources
format Article in Journal/Newspaper
author Sinding, Knud
author_facet Sinding, Knud
author_sort Sinding, Knud
title At the Crossroads: Mining Policy in Greenland
title_short At the Crossroads: Mining Policy in Greenland
title_full At the Crossroads: Mining Policy in Greenland
title_fullStr At the Crossroads: Mining Policy in Greenland
title_full_unstemmed At the Crossroads: Mining Policy in Greenland
title_sort at the crossroads: mining policy in greenland
publisher The Arctic Institute of North America
publishDate 1992
url https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452
geographic Greenland
geographic_facet Greenland
genre Arctic
Greenland
greenlandic
Groenland
groenlandaise
genre_facet Arctic
Greenland
greenlandic
Groenland
groenlandaise
op_source ARCTIC; Vol. 45 No. 3 (1992): September: 211–326; 226-232
1923-1245
0004-0843
op_relation https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452/48387
https://journalhosting.ucalgary.ca/index.php/arctic/article/view/64452
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