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Great expectations fill Greenland as China eyes riches
Posted by Reuters: Alistair Scrutton on November 5th, 2012
Reuters: By a remote fjord where icebergs float in silence and hunters stalk reindeer, plans are being drawn up for a huge iron ore mine that would lift Greenland's population by four percent at a stroke - by hiring Chinese workers.
The $2.3-billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk. It would supply China with much needed iron for the steel its economy.
With global warming thawing its Arctic sea...
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