AGP Executive Report
Last update: 10 hours agoMining Update (Nalunaq): Amaroq Ltd says it has installed and commissioned the flotation recovery circuit at its Nalunaq gold mine, completing Phase 2 on schedule. The plant is now operating at design levels, with first gold concentrate produced, and gold recovery expected to rise from a gravity-only range of 50–70% to about 90–95%. Arctic Climate Watch: A new study links a sharp rise in Arctic iceberg numbers to destabilising glaciers in north-east Greenland and the Russian Arctic, with icebergs reshaping deep-sea habitats and increasing risks for shipping and fisheries. Astronomy (Greenland): A total solar eclipse on August 12 will be visible from Greenland (along with Iceland, northern Spain and parts of Portugal), with totality expected around 1pm local time. Geopolitics & Security (Europe/US): A major ECFR poll finds only 11% of Europeans now see the US as an ally, citing threats involving Greenland, NATO doubts, and broader distrust of Washington. Critical Minerals (Greenland link): Commentary highlights Greenland’s role in the West’s rare-earth scramble, while noting China’s dominant reserves and the push to build processing and supply routes closer to home.
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