AGP Executive Report
Last update: 10 hours agoResource Plans: Donald Trump says “massive” oil, gas and mineral exploration is preparing to begin in Greenland, but named no projects, companies or timeline. Greenland halted new oil and gas permits in 2021, and harsh conditions, high costs and environmental rules remain major hurdles. Sovereignty and Security: The September US-Denmark-Greenland pact expands the US military role but does not grant Washington resource rights; it reaffirms Danish sovereignty and Greenlanders’ right to decide their future. Greenland’s foreign minister says trust with the US needs rebuilding. Mining: Greenland approved the Tanbreez mine plan through 2050, while Eclipse Metals says drilling is underway at its Grønnedal rare-earth project in South Greenland. Fisheries: Royal Greenland’s cod harvest is forecast to stay flat as catches rise in Norway and Russia, a boost the company’s CEO expects to be temporary.
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