Mineral and exploration development company Beowulf is not giving up on its planned Kallak magnetite iron-ore project near Jokkmokk, in Swedish Lapland, despite delays in being granted an exploitation concession, the company’s CEO said on Friday. Kurt Budge said he found it “impossible to comprehend” that Beowulf was still waiting to restart investing in Kallak, to initiate a scoping study and to drill the Kallak South exploration target, which will significantly boost the Kallak resource and form local partnerships that will deliver a modern mining operation.
