Metals & Minerals News

GreenRoc Mining progresses testwork and studies for Amitsoq graphite deposit

GreenRoc Mining plc has progressed work with further interest from its potential off-take partner and the start of several studies for the Amitsoq graphite project in South Greenland. TESTWORK The unnamed potential off-take partner has requested sample material, comprising graphite concentrate, purified graphite concentrate and spherical graphite, to conduct its own verification testwork. Meanwhile other […]

Metals & Minerals News

GreenRoc Mining awards PEA contract and creates subsidiary to access EU funds

GreenRoc Mining plc has awarded the contract for a formal preliminary economic assessment (PEA) and established a subsidiary at its Amitsoq graphite project in Greenland. COSTS SLR Consulting Ltd will begin work this month and expects to complete the PEA by September 2023. Chief executive Stefan Bernstein said that the PEA would be the first […]

Finance Metals & Minerals News

GreenRoc signs MoU for Amitsoq graphite mine and financing

GreenRoc Mining plc has signed a memorandum of understanding (MoU) to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. MINE CONSTRUCTION The company signed the MoU with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and […]

Finance Metals & Minerals News

GreenRoc Mining raises £550,000 via placing

GreenRoc Mining plc has raised £550,000 by placing 15,714,287 new ordinary shares of 0.1 pence each at a price of 3.5 pence per placing share. Following the issue of the placing shares, the company’s total issued share capital will be 134,314,288 ordinary shares of 0.1 pence each, with voting rights. USES GreenRoc will use net […]

Metals & Minerals News

GreenRoc Mining receives ERMA support Amitsoq

GreenRoc Mining plc has received support from the European Raw Materials Alliance (ERMA), managed by the EIT RawMaterials, for its Amitsoq graphite project in southern Greenland. INVESTMENT The consortium aims to secure raw materials and raw material supply chains for Europe to support industrial ecosystems within the European Union. GreenRoc said it had received a […]

Metals & Minerals News

GreenRoc Mining Phase II drilling nearly trebles MRE for Amitsoq graphite

GreenRoc Mining plc reported a near three-fold increase in the mineral resource estimate (MRE) at its 100%-owned Amitsoq Island graphite project in southern Greenland. FOCUS The 2023 MRE incorporates the results of the Phase II drilling programme completed in September 2022. The company has also decided to focus on progressing Amitsoq to production as quickly as […]