Boom for Nordic mining industry
An old base industry has come back to life - the mining industry. If you include Greenland all the four largest Nordic countries have experienced a mining industry renaissance. All the projects together will mean thousands of new jobs. Investments in only six of the largest projects run to 57.5 billon Kronor (€6.3bn) Nordic Labour Journal’s figures show. But can the mining industry attract enough workers? Will colleges and universities have enough time to educate enough engineers and geologist? If young people are to choose the mining industry, environmental issues must also be taken seriously.
Mining equipment manufacturers have been surfing on a wave of high metal prices. With increasing needs for metals in countries like China, India and Brazil, sales and employment figures keep rising.
Flemming Enequist stands at the stern of a Targa 37 with 600 horsepowers ploughing him through the Godthåp fjord on his way to London Mining’s base camp 150 kilometres north-east of Greenland’s capital Nuuk. He works for the local autority and his job is to tempt young Greenlanders to find work in the mining industry.
Nordic politicians are waking up to the possibilities for the mining industry. On 12 October foreign ministers in the Barents Euro-Arctic Council met in the LKAB mine in Kiruna. Norway’s Jonas Gahr Støre (right below) and Sweden’s Carl Bildt arrived together on the ore train from Narvik.