Mordusia

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Government re-opens mines to boost mineral extraction industry
August 5648

Randworth - Minister Edward Harding has today signed a contract to lease the resource rights of the various mines in Trelodge and Rimly to various mining companies to resume the exploitation of these natural resources.

Originally the mining rights were held for most part by foreign companies from Vanuku. However, after the fall of the Jelbic Empire and the communist world-burnist junta took hold the government revoked their lease and re-nationalised the mines. The lease was temporarily given to a company that didn’t hold out. That was until the Reform-Labor Government choose to shut the mines for ecological reasons in their coalition agreement with the ecological green party the Wildlife Party.

The National-led government has long announced that they wished to reverse this decision. In this they were backed by the liberals of the Forward Mordusia party, who agree with the Nationals that to develop and feed the growing industry and tech sector in Luthori more raw minerals are needed. These minerals are imported from nations in Dovani and other places, however the native resources can keep prices and shipping costs down.

The lease contract was opened up to tender for competition within the nation and foreign companies. One of the biggest winners from the tender was Hexlon Imperial Mining, the Luthorian & Mordusian conglomerate. Second was MacKenzie Metals. Some other companies also won lease contracts on the mines, which were still generous and large mines. With these contracts the government remains the owner but leases out the use of the mines to these companies for a fee and a percentage of the revenue mined at the mines.

The government hopes that the economic opportunity and jobs it creates can boost investment in natural resource extraction but also fuel the target of increasing the industrial capacity of Mordusia. With this Mordusia can benefit from the high tech knowledge of countries such as Luthori and export manufactured goods to Luthori.