AGP Executive Report
Last update: 6 hours agoRare Earths: Eclipse Metals has started a two-rig, 17-hole drilling campaign at its Grønnedal project in South Greenland, testing extensions to a 208-million-tonne rare-earth resource and seeking to upgrade parts of it. Mining Policy: Greenland’s parliament unanimously directed the government to draft a ban on deep-sea mining and seabed exploration through 2029; the law is expected in 2027, with extensions possible. Project Investment: Australia’s AuKing Mining will fund up to €10 million in exploration at the Qeqertaasaq niobium and rare-earth project near Maniitsoq to earn a 75% stake. Market Access: Greenland Mines shares have begun trading on Germany’s Xetra, widening access for European investors while Nasdaq remains the company’s primary market. Digital Infrastructure: The EU plans to help finance a secure undersea cable linking Greenland to Europe, with possible extensions through Canada toward Asia.
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