Amaroq Ltd.
https://www.amaroqminerals.com/
Amaroq Ltd. is a mining and exploration company primarily focused on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The company's mission is to sustainably supply minerals essential for the global energy transition, aiming to unlock Greenland's significant mineral wealth. Amaroq Ltd. was founded in 2017 and maintains its registered office in Toronto, Ontario, Canada.
The company's portfolio includes gold, copper, molybdenum, graphite, platinum group elements, nickel, rare earth elements, zinc, lead, and silver. Key projects are situated within South Greenland, encompassing the Nalunaq Gold Mine, the Sava Copper Belt, the Nanortalik Gold Belt, and the Gardar Province Mineral Belt. Amaroq also develops logistics and support services through its subsidiary, Suliaq, to facilitate operations in remote Arctic environments.
In recent developments, the Nalunaq Gold Project commenced production in 2024, with a full ramp-up anticipated by the end of 2025. The company has set a production guidance of 25,000-35,000 ounces of gold for 2026. Amaroq Ltd. doubled its revolving credit facility to US$70 million in March 2026 and delisted from the TSX Venture Exchange in March 2026, with plans to transition its London listing to the Main Market of the London Stock Exchange. Eldur Olafsson serves as the Founder and Chief Executive Officer, leading the company's efforts to establish itself as a significant and responsible player in Greenland's emerging mineral sector.
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