GreenRoc Mining plc has raised £315,000 through a discounted placing of 7 million new ordinary shares each at a price of 4.5 pence. DISCOUNT The placing price represents a discount of 13.5% to the closing price per GreenRoc ordinary share of 5.2 pence on 8 December 2022. It is also a discount of 7.1% to […]
Tag: Amitsoq and Kalaaq deposits – Amitsoq graphite project – southern Greenland
GreenRoc accelerates Amitsoq graphite
GreenRoc Mining plc is advancing its Amitsoq graphite project with preparations for a range of studies, processing, sales and marketing. PLANT DESIGN The company has appointed ProGraphite in Germany as adviser on the technical and commercial aspects of graphite processing, sales and marketing with a focus on “battery grade graphite products”. GreenRoc also plans to […]
GreenRoc tests confirm Amitsoq graphite suitable for EV batteries
GreenRoc Mining plc’s latest test programme confirmed that its Amitsoq graphite is suitable for refining into spherical graphite used to manufacture electric vehicle (EV) batteries. SPHERICAL GRAPHITE Spherical graphite is used in the production of the anode material in EV batteries. “The anode sector is the fastest growing market for graphite and the ability to […]
GreenRoc Mining in the process of defining a ‘graphite province’ at Amitsoq
GreenRoc Mining plc said it was in the process of defining a graphite province of possible global significance, following confirmation of historic graphite occurrences in four new zones at Amitsoq in Greenland. FIELD EXPLORATION Alongside Phase II drilling, the company conducted a field exploration campaign in July. GreenRoc collected grab samples from across the project […]
GreenRoc doubles drilled graphite footprint at Amitsoq
GreenRoc Mining plc announced it had doubled the drilled graphite deposit at the Amitsoq project in southern Greenland. PHASE II Phase II drilling began on 2 July 2022 with the aim of testing the extension of the known graphite layers before establishing a revised and higher category resource. As at 14 August 2022, the company […]
GreenRoc increases activities at graphite-ilmenite assets
GreenRoc Mining plc’s reported a rise in group losses with increased activities at its Amitsoq graphite and Thule Black Sands (TBS) ilmenite deposits in Greenland. FINANCES GreenRoc’s subsidiary companies include Obsidian Mining Ltd, White Eagle Resources Ltd and White Fox Resources Ltd. Alba Mineral Resources plc holds a 54% interest in the group. GreenRoc, incorporated […]