Dig Deep Exploring and Mining the Virgin Mineral and Gold Resources of Greenland with Eldur Olafsson
In this episode, we chat to Eldur Olafsson, Founder, and CEO at AEX Gold, a Greenland-focussed mining company engaged in the identification, acquisition, exploration, and development of gold properties in Greenland.
Eldur has a background in geology. He talks about AEX Gold and what they have been up to recently. Eldur also discusses Greenland as a mining jurisdiction and talks about the companies exploring this under-developed country with huge potential.
KEY TAKEAWAYS
- Southern Greenland has a lot of surface minerals and rare earth, as well as a gold belt. The whole country has barely been explored.
- Now that demand is high, it is economically viable to explore and mine in Greenland.
- $150 million has been invested in civil infrastructure and Greenland is a stable country.
- With the right equipment, it is easy to operate year-round in Greenland.
- Most of it is barren, so it is relatively easy to mine in an environmentally friendly way.
- All of the political parties are highly supportive of mining.
- Most of the country is now licensed and is being explored by well-established companies.
- Bringing Nalunaq, a high-rate gold mine, back into production is currently AEX Gold´s main project.
- Nalunaq has full permits and there are other high-grade minerals there, close to the surface.
- In AEX Gold´s other assets they are finding multiple minerals and metals. Including the ones needed for the green revolution.
- The island is sparsely populated, so recruiting enough people will be difficult. But many Greenlanders are choosing to train to work in the industry.
- The aim is to ensure that when the mines are finished the community continues to benefit e.g., green power sources and re-vegetation of areas.
BEST MOMENTS
‘Nalunaq is one of the highest gold rate mines in the world. ´
‘Greenland opened up only in 2009.’
‘We are now sitting on what I believe is one of the best land and districts for strategic precious metals.’
EPISODE RESOURCES
Twitter: https://twitter.com/AexGold
LinkedIn: https://www.linkedin.com/company/aexgold/
Instagram: https://www.instagram.com/aexgoldnews/
Facebook: https://www.facebook.com/Nalunaq-AS-102208515575690/
Website: https://www.aexgold.com/projects/nalunaq/
VALUABLE RESOURCES
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/
Instagram: https://www.instagram.com/theminingpodcast/
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos
ABOUT THE HOST
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our client's organizations in any mining discipline or level.
Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.