Mineral Exploitation Licences in Greenland: The Modification Issue

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The chapter analyses the licenses for mineral exploitation in Greenland and their regulatory framework. In particular, it focuses on the possible right of the grantor of the license (the Greenland authorities) to make subsequent changes to the license. It is shown that the license is a private-public hybrid, and this impacts the right to make variations. It is concluded that the regulatory framework concerning mineral exploitation licenses in fact involves a considerable amount of uncertainty for investors. However, in contrast to what may be the case in other jurisdictions, many of the possible uncertainties involved in an investment project in Greenland are made clear at the outset to the potential investors.
Original languageEnglish
Title of host publicationThe Routledge Handbook of Polar Law
EditorsYoshifumi Tanaka, Rachael Johnstone, Vibe Ulfbeck
Number of pages17
Publication date2023
ISBN (Print)9780367711702
ISBN (Electronic)9781003404828
Publication statusPublished - 2023

ID: 336630954