Denmark/Greenland: Uranium exploration and mine development

Since 2007, Greenland Minerals and Energy Ltd (GMEL) has conducted rare earth elements (REE) – (U-Zn) – exploration activities in the Kvanefjeld area, South Greenland, including drilling of 57 710 m of core; the business concept encompasses uranium and zinc by-products in addition to the main products of REE. The Kvanefjeld Feasibility Study, as well as the environmental and social impact assessments (EIA and SIA), were carried out in 2014-2015 and were submitted together with the exploitation licence application in December, 2015. Uranium will be recovered from leach solutions using industry standard solvent extraction to produce approximately 500 tonnes of U₃O₈ (425 tU) per year. The application is currently being evaluated by the Greenland government.