deputy minister jørgen t. hammeken-holm ministry of mineral...
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Deputy Minister
Jørgen T. Hammeken-Holm
Ministry of Mineral Resources
Greenland’s oil and mineral strategy 2014-2018
Ministry of Industry and Mineral Resources
Government of Greenland
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20142015(Sep.)
Mineral Exploration Licenses 17 19 22 33 29 63 67 71 73 77 79 76 67 68
Mineral Exploitation Licenses 0 1 1 2 2 2 3 3 4 4 4 5 6 6
Oil and Gas Exploration/Exploitation Licenses 4 4 4 4 4 8 13 15 13 19 19 23 23 18
0
10
20
30
40
50
60
70
80
90
Nu
mb
er
of
Lic
en
ses
Numbers of licenses 2002-2015 (Sep.)
0
500.000.000
1.000.000.000
1.500.000.000
2.000.000.000
2.500.000.000
3.000.000.000
3.500.000.000
4.000.000.000
4.500.000.000
5.000.000.000
Oil and Gas
Kulbrinter
Exploration Expenses 2002 – 2014
0
100.000.000
200.000.000
300.000.000
400.000.000
500.000.000
600.000.000
700.000.000
800.000.000
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
Mineraler
Mineraler
6
Table 1
Mineral projects closest to the exploitation phase All the figures in the table have been provided by the companies and they are estimates with significant uncertainty Not all the projects will necessarily be realised
Company Location
Minerals Employment*
Personal income tax*
Government Take*
Exploitation
Construction / Operation
DKK mill. DKK mill. Year
True North Gems Greenland A/S Fiskenæsset
Corundum 40-50 / 80
90
1,120
Expected: 2015
Hudson Greenland A/S Najaat (White Mountain)
Anorthosite 20 / 61
108
25
Expected:
2017
Ironbark Zinc Limited Citronen Fjord
Zn, Pb 300 / 475 2,000 2,000 - 2,700 Application: 2015
Greenland Minerals and Energy Ltd. Kuannersuit (Kvanefjeld)
REE, U, Zn, fluorite
1,170 / 785
Not calculated
3,690
Application:
2016
London Mining A/S Isukasia (Isua)
Fe 1,500 - 3,000 / 680 - 810
3,800
To be updated
Approved: 2013
TANBREEZ Mining Greenland A/S Killavaat Alannguat (Kringlerne)
Zr, REE, Nb, Ta, Y
30 - 140 / 80**
153.7
To be updated
Under application
Black Angel Mining A/S Maarmorilik
Zn, Pb Further exploration is being conducted Approved: 2008
Angel Mining Gold A/S Nalunaq
Au Further exploration is being conducted Discontinued: 2013
*
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Website (www.govmin.gl)
Interactive
GIS map
www.greenmin.gl
Mineral Licence and Safety Authority