Australians may start seeking gold in Estonia


Australian mining company that is managed by Mart Rampe, an Estonia, has applied for permit to seek gold, uranium and other metals from Estonia.

Today’s Eesti Päevaleht writes that executives of Balti Kaevandused ja Uuringud, subsidiary of Monaro Mining NL, are currently on a roadshow around Northern Estonia to present their exploration and mining plans for the local residents.

Balti Kaevandused ja Uuringud that was set up a year ago has interest towards iron, molybdenum, copper, lead, zinc, nickel, uranium, vanadium, gold, silver and platinum.

According to initial plans, the company will drill up to one hundred hopes between 60 and 500 metres in depth. The exploration permit was applied for five years.

Source: BBN


Best Estonian Nature photos exposed

humor prize went to this photo

Estonian construction company is victim of Latvia’s attempts to become clean

Latvian state is determined to make everything possible to clean itself of any corruption suspicions which means why they are blocking Merko from a massive tender.  Äripäev writes that in spite of protests and other attempts, Merks, the Latvian subsidiary of Estonia’s largest construction group Merko Ehitus, has been blocked from bidding in the Castle of Light tender for building the new national library.

Merko that in Estonia has been embroiled in a land swapping scandal claims that Latvians are coming up with artificial obstacles to keep Merko from the massive tender and have promised to go to court for justice.

“It is no secret that Latvia is very high in the European Union corruption ranking which is why we imposed a special anti-corruption clause in the tender contract,” says Zigurds Magone who oversees the tender. Magone adds that the participation of Merks in the tender has been blocked since the owners of Merks are the owners of Merko.

Although Merks offered to build the complex for almost EEK 2 billion less than competitors,
the bid was declared unacceptable.

Merko has hinted that the fact that the committee has given the EEK 2.5 billion contract to Skonto Buve, a company that bid much higher than Merko is proof that the whole bid is corrupt.

Ivars Geidans, chairman of Merks, said that they asked Sorainen Law Office to evaluate whether Latvia had violated Latvian and EU law when blocking Merko/Merks from the tender and that the lawyers had found that such discrimination took place. “We will definitely go to court,” said Geidans.

Source: BBN
Read also: Merko Ehitus to divide into two listed companies

Restored airfield starts promoting life at the southern border of Estonia

By the end of this year, the Varstu airfield will be restored, providing good conditions for practice flights, people interested in technology sports, and nature tourists from both Estonia and abroad. This helps to develop the business and living environments mainly in Varstu and Mõniste rural municipalities, but also in South-Estonia as a whole.

“The distance of Varstu and Mõniste rural municipalities from centres has inhibited the development of business. Although the region provides great prerequisites for promoting nature tourism – for example, the protected areas of Paganamaa and the Peetri River – the tourism service sector has not been developed till now. The restoration of the airfield is an important step towards raising the attractiveness of the region as a tourist destination, which it is definitely worth,” said Tarmo Leppoja, Member of Management Board of Enterprise Estonia.

Varstu airfield, as a complete structure, was established in the years 1976-1977 as a so-called chemistry airfield. The airfield is the only asphalt-covered 400×20 m runway south of Tartu, and the restoration thereof allows for it to be used for the benefit of the region for decades to come. Restoration involves the extension of the runway, renewal of the runway surface and the establishment of a platform for airplanes and a car park together with roads. The total cost of the project is MEEK 1.6, of which the grant for increasing the competitiveness of regions, co-funded from the European Regional Development Fund, covers MEEK 1.4.

Varstu rural municipality has preserved the land of the airfield: no new structures or power lines have been erected on the airfield and the safety zone bordering it. In 2006, the rural municipality governments of Varstu and Mõniste established a foundation, together with four companies, for restoring the airfield, seeking ways to increase the attractiveness of the southernmost rural municipalities in Estonia.

In cooperation with the Estonian Private Pilots Association and Latvian Private Pilots Association, the Foundation SA Varstu Lennuväli wishes to make a tradition of Varstu flight days on the airfield each summer, to bring more interested people to the field of aeronautics. The first flight days in July 2006 were attended by 9 planes, 20 parachutists and almost 2000 spectators. The restoration of the airfield will create possibilities for increasing the scale of the event and introducing the rural municipalities of Varstu and Mõniste as attractive destinations.

Varstu airfield is also well suited as a practice airfield, especially for practicing landings on short runways. In 2006, 212 landings were made on the airfield.

Varstu airfield is also an exciting place for people interested in technology sports. The airfield can be used for organising racing competitions and motorbike and go-kart events. The foundation also wishes to develop a modern technology sports facility by the airfield.

In cooperation with the nearby Vastse-Roosa border guard station, border control can be ordered for the airfield as well.

The budget of the programme for increasing the competitiveness of regions in the EU funding period 2007-2013 is EEK 1.5 billion, and the goal is to make various regions in Estonia more attractive for entrepreneurs, investors, qualified labour force and visitors. From the programme, local governments and non-profit associations can apply for grants for implementing projects that promote local tourism and recreation management. As an individual option, the programme stipulates the making of former military, industrial or agricultural sites useful again.

Source: Enterprise Estonia