Arctic region's vast riches set to attract over $100 billion in investments over the next decade.
Company says the agreement will provide additional resources to transition quickly into the construction phase of the project.
"This means we are looking for projects"
"New projects in iron ore currently do face funding challenges."
Parliament voted Thursday to end a decades-long ban on mining for radioactive materials.
The ruling’s most controversial point is the one that allows miners to potentially bring hundreds of foreign workers into the country.
Punters not sure what to make of North American Nickel's latest find in Greenland kick it 17% higher only to let it fall deep into the red.
Greenland’s becoming the new frontier for those in the mining industry who explore for, find, and develop (to a certain point) the world’s future mines.
Rare earths abound in Greenland — one of the last frontiers for resource extraction.
A majority in the Danish parliament is reportedly ready to allow the extraction and exports of the radioactive element from Greenland, which represents a historical shift in Danish foreign policy, after 30 years of opposition to nuclear power.
Greenlanders may reap the possible benefits of an international push to exploit its abundant natural resources.
Autonomous Danish territory is "too reliant" on fisheries and EU subsidies.
Greenland’s treasure trove of rare earth metals, the largest deposit outside of China, cannot be mined because the elements are connected to restricted radioactive materials.
The head of Paris-based energy giant Total is dismissive of the possibility of oil extraction in the Arctic.
Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence provider.
Vancouver junior, North American Nickel (CVE:NAN), said that its Greenland property is the remains of a gigantic, three-billion-year-old meteorite impact, and displays a similar geological formation found in the Sudbury Basin.
Reality show producers, who have made shows about ice road trucking and underground coal mining in Virginia and underwater gold miners that work the waters off Nome, Alaska are now turning their attention to one of mining’s last frontiers.
Greenland Minerals and Energy Limited ("GMEL" or "the Company") (ASX: GGG.AX – News) is pleased to announce the first mineral resource estimate for the 'Zone 2' multi-element deposit. Zone 2 is the second mineral resource established in the broader project area, following the delineation of a 619 Mt resource at Kvanefjeld (March 2011).
Greenland Minerals and Energy Limited (ASX:GGG) ("GMEL" or "the Company") is pleased to provide an update on metallurgical developments that continue to enhance the Kvanefjeld multi-element project ( uranium rare earth elements, zinc). Kvanefjeld is recognised as one of the world's largest resources of rare earth elements and uranium, and is favourably located near existing infrastructure in southern Greenland.
PERTH, WESTERN AUSTRALIA–(Marketwire – Feb. 23, 2012) –
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 30, 2011) - North American Nickel Inc. ("NAN") (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) is pleased to announce that it has commenced a field campaign to evaluate prospective areas within its 4,841 km2exclusive mineral exploration licence. Electromagnetic anomalies, identified from a recent re-interpretation of a 1995 GeoTEM fixed wing survey, along with other areas of interest derived from compilation of previous work and satellite imagery will be ground checked in order to prioritize areas for helicopter borne time domain electromagnetic (TEM) surveying planned for September and October.
Forget the precious metals market; a British Columbia company is hoping to cash in on rubies and sapphires in Greenland. On Wednesday, Vancouver-based True North Gems Inc. (TSX-V:TGX) reported a favourable pre-feasibility study for its Aappaluttoq ruby and pink sapphire project in the Arctic country.
Hudson Resources commenced its 2011 drill program at the company's Sarfartoq Rare Earth Element (REE) Project in Greenland.
The objective of the program is threefold: (i) upgrade the resource at the ST1 Zone from the "inferred" category to the "indicated" category; (ii) expand the size of the ST1 deposit; and (iii) test several additional REE targets within the Sarfartoq Carbonatite Project.
Alcoa today welcomed the decision taken by the Greenland parliament to advance into a second phase of joint studies with Alcoa into the feasibility of establishing a world class sustainable aluminum industry in …more at topix.net
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