Inside the race for Greenland's mineral wealth

The territory's untapped mineral wealth has caught the eye of both mining firms and Donald Trump.
British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersInside the race for Greenland's mineral wealth2 days agoAdrienne MurrayBusiness reporterReporting fromQaqortoq, GreenlandBBCMining firm boss Eldur Olafsson says Greenland can supply the minerals the West needs for "decades"President Donald Trump has said he thinks the US will gain control of Greenland, underlining his persistent claim on the Arctic island, on one occasion pointing to "economic security" as the reason. While the autonomous Danish territory has been quick to say it isn't for sale, its vast and mostly untapped mineral resources are in great demand.
Jagged grey peaks suddenly appear before us, as the motorboat navigates choppy coastal waters and dramatic fjords at Greenland's southern tip.
"Those very high pointy mountains, it's basically a gold belt," gestures Eldur Olafsson, the chief executive of mining company Amaroq Minerals.
After sailing for two hours we stepped ashore at a remote valley beneath Nalunaq mountain, where the firm is drilling for gold.
It's also scouring the surrounding mountain range and valleys, hunting for other valuable minerals, having snapped up exploration licences spanning over 10,000 sq km (3,861 sq miles).
https://www.bbc.com/news/articles/c9d5jwvw9nlo
Rating: 5