AGP Executive Report
Last update: 2 hours agoRare Earth Drilling in Greenland: Amaroq kicked off 2026 scout drilling at the Ilua pegmatite rare earth project in South Greenland, targeting three drill targets along a 5km system after 2025 surface sampling returned up to 2.3% total rare earth oxides (with ~27% heavy rare earths). Molybdenum Backed by Canada: Greenland Resources secured a C$7m ($4.93m) non-repayable Canadian grant to support metallurgical work at its Malmbjerg molybdenum mine, with the program running until March 2028. Skaergaard Diamond Drilling Contract: Greenland Mines awarded a diamond drilling campaign contract to Nordisk Fundering for 2026 field work at Skaergaard, supporting geotechnical characterisation and future open-pit planning. Uranium Licensing Clash at Kvanefjeld: Greenland rejected Energy Transition Minerals’ licence renewal for the Kuannersuit/Kvanefjeld rare earths project, citing uranium-act constraints and a compressed response process; ETM says it’s reviewing options. Arctic Industry & Logistics: Quark Expeditions launched Arctic 2028 and Antarctic 2028/2029 seasons, including a Greenland culinary experience delivered with Igapall. Policy Pressure on Greenland Minerals: Commentary and reporting this week tied Greenland’s mineral push to wider NATO/EU security and critical minerals supply-chain politics, as licensing decisions and funding shape investor appetite.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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