Deepwater port is only a few k's away, a few mines have recently been commissioned in the area.
The feasibility of a number of other large-scale mining projects is currently being assessed by the likes of Quadra Mining (TSX).
Rio Tinto Exploration is active in Greenland through an alliance with Nuna Minerals, a partly state owned entity that is exploring Greenland for a variety of mineral deposit types.
Kvanefjeld Project – Rare Earth Elements, Uranium, Sodium Fluoride Overview Kvanefjeld is an emerging multi-element deposit hosted within marginal phases of the Ilimaussaq Intrusive Complex, located near the southwest tip of Greenland. The deposit is exposed at surface along a series of undulating bluffs on a broad peninsula surrounded by deepwater fjords that run directly out to the Atlantic Ocean.
While there exists a perception that Greenland is remote, and logistically challenged, there are many inherent benefits to the natural geography of Greenland. Firstly, it is strategically located between North American and European markets. Southern Greenland is located at a lower latitude than much of Alaska, and the Yukon and Norwest Territories of Canada – all regions popular amongst mineral explorers and miners. Deep water fjords cut into the coastal fringes of Greenland meaning that most areas suitable for exploration are close to potential deepwater port facilities. The main source of power in Greenland is hydroelectricity, which has the scope to be expanded to facilitate large mining operations
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