True North Begins Mining in Greenland
Greenland continues to show the world that they have vast new resources for precious gems and metals. With the award of a mining license to begin mining Rubies and Pink Sapphires from what will be an open pit mining operation. This is the early stages of development of Greenland’s tremendous resources. Rubies are becoming more rare in places like Myanmar formerly known as Burma. New discoveries and mining operation that produce quality gemstones will likely do well in the markets around the world. Greenland’s extreme climatic conditions make recovering gems there difficult at best but the vast reserves that appear to be present then the conditions can be overcome. The beauty of the land combined with the climatic conditions and awesome potential resources for the worlds gemstone industry are something to behold.
December 4, 2015
Vancouver, B.C.–True North Gems has initiated mining operations at the Aappaluttoq ruby and pink sapphire open-pit mine in southwestern Greenland.
The company contracted LNS Greenland, a joint venture partner in Aappaluttoq, as the mine operator. LNS Greenland’s mining extraction plans were submitted to the board of True North and it has attained approval to begin pit operations.
The Vancouver-based True North said the gemstone recovery system currently is being shipped to Greenland, and the planned fourth quarter 2015/first quarter 2016 extraction will create a sufficient stockpile of ore to feed the processing plant once it has been commissioned. READ MORE…
Jewelry Designers Resource Center is now officially affiliated with The Jewelers Resource Bureau a tremendous resource for all interested in the gem and jewelry business. Take a few minutes to learn more…