Sweden and unrecognized Transnistria might host mining farms

The Future of Mining, the company based in Miami, plans to create a vast mining farm in Boden-Alysbyn, Sweden. The company will sign a deal with local authorities to ensure the long-term stability of the enterprise.

TFOM considers the deal to be very important, its chief executive considers this decision strategical, and Swedish authorities are pleased with TFOM’s attention to legal issues.

Meanwhile, there are reports that Russia considers cooperating with the authorities of the unrecognized territory of Transnistria to establish mining centers on its soil. The territory became de-facto independent after the huge 1990s clash between Moldovan central authorities and Transnistria region residents who did not approve the policies of the government. If the plans are indeed pending implementation, the authorities of Moldova can impose sanctions on Russian officials responsible for the project, as Moldova considers Transnistria its state territory.