Amaroq Minerals Announces Holding Change
The mining company has announced a change in shareholding, with one investor reducing their stake.
The mining company has announced a change in shareholding, with one investor reducing their stake.
The mining company has successfully completed a fundraising, raising funds to support ongoing operations and development.
The mining company has successfully completed a significantly oversubscribed fundraising, raising gross proceeds of approximately £45 million.
The prominent mining company is raising £30 million to support the ongoing commissioning and expansion of its Nalunaq gold mine, as well as to acquire additional assets in West Greenland to diversify its portfolio.
The mining company has established a new service company in Greenland, Suliaq A/S, with an investment from JLE Group Ltd. The new company will provide equipment, supplies, and services to the growing mining industry in Greenland.
The mining company has formed a new joint venture to provide essential services, supplies and supporting assets to Greenland's growing mining sector, with an initial £4.0 million investment from a partner.
The mining company reports progress in its strategic minerals exploration, including new discoveries, but also faces challenges where drilling results fell short of economic targets.
The mining company has published its annual report and notice of annual general meeting for shareholders.
The mining company provided an update on its Q1 2025 performance, highlighting operational progress but also facing commissioning challenges. The wide production guidance range and high valuation suggest a mixed outlook.
The mining company reports steady progress in commissioning its Nalunaq gold mine in Greenland, despite some operational challenges during the winter months. The company maintains a strong liquidity position to fund ongoing development.