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Greenland election result flashes red light for junior

Institutions backing a A$30 million fundraising in November are among the losers after Greenland Minerals ambition to develop the Kvanefjeld rare earths project was dealt a savage blow by the Greenland election win of the Inuit Ataqatigiit party opposed to the development on environmental concerns.

Michael Quinn
Development of a rare earths mine in Greenland looking very doubtful

Development of a rare earths mine in Greenland looking very doubtful

The North American, European and Australian funds that bought new shares priced at 24c join many other shareholders and Chinese joint venture partner Shenghe Resources in the current doghouse, with Greenland...

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