Greenland is a safe, autonomous country within the Kingdom of Denmark. While lying within the European sphere of influence, it is not part of the European Union. Greenland sees petroleum and mining as a means of achieving full independence from Denmark. Consequently, in an effort to attract investment in exploration, Greenland has favourable regulations and tax structures.
Greenland is an emerging mining destination that contains some of the most notable undeveloped deposits in the world. For example, the:
- Dundas project owned by Bluejay Mining Plc is the world’s highest grade titanium sands deposit, and only 17% of the known mineralisation has been tested. This beast is growing at a rate of knots and is being fast tracked to production in late 2018.