Welcome to our dedicated page for Greenland Mines news (Ticker: GRML), a resource for investors and traders seeking the latest updates and insights on Greenland Mines stock.
Greenland Mines Ltd. reports developments tied to the Skaergaard Project in East Greenland and to its current two-division structure. Company news commonly covers mineral resource sensitivity work, geological consulting, metallurgical and processing programs, environmental baseline work, Arctic logistics, and Greenland stakeholder engagement.
News also includes corporate updates for Greenland Mines and its subsidiary Major Precious Greenland A/S, including participation in raw-materials and Greenlandic business organizations. The company's disclosures continue to reference its Cell and Gene Therapy division, including Klotho-related programs and KLTO-202 in ALS.
Greenland Mines (Nasdaq: GRML) signed a diamond drilling contract with Nordisk Fundering for the 2026 field campaign at its 80%-owned Skaergaard precious and critical metals project in southeast Greenland.
The roughly 7,500-meter helicopter-supported program will advance resources, metallurgy, geotechnical data, and future open-pit evaluation.
Greenland Mines (Nasdaq: GRML) engaged Tetra Tech and GeoSim to deliver an S‑K 1300‑compliant Mineral Resource Estimate for the Sarfartoq Nd‑Pr rare earth project in southwest Greenland.
The accelerated MRE, targeted for substantial completion by summer 2026, will underpin an updated PEA, integrate historic and Neo‑era drilling, support permitting studies, and strengthen Sarfartoq’s role in Western magnet rare earth supply chains.
Greenland Mines (Nasdaq: GRML) agreed to a strategic share exchange with AnorTech (TSXV: ANOR), gaining an initial 9.9% stake plus a six-month option to increase ownership up to 19.9%.
Greenland Mines will issue 12,400,000 shares for 19,958,503 AnorTech shares, adding exposure to sustainable alumina, HPA, CO2-free cement and midstream critical minerals. Closing is targeted by June 30, 2026, subject to TSXV approval.
Greenland Mines (Nasdaq: GRML) signed an updated Letter of Intent with Reykjanes Investment, securing a contractual First Right of Refusal on the c. 60,000 m² Helguvik industrial site in Iceland, including c. 10,000 m² of existing buildings and access to up to 40 MW of power.
The option supports potential downstream processing for the Skaergaard Project and aligns with a broader North Atlantic critical metals strategy leveraging Iceland’s renewable, low-cost grid and deep-water port logistics.
Greenland Mines (Nasdaq: GRML) completed its inaugural site visit to the Sarfartoq Nd‑Pr rare earth project in southwest Greenland after signing a May 20, 2026 definitive agreement to acquire Neo North Star Resources, owner of the project.
The team confirmed camp, drill rigs and field infrastructure for 25–30 personnel are in excellent condition, supporting plans to re‑open the camp in 2026, validate 2023 drilling data, update the ST1 Mineral Resource and modernize the 2011 PEA, subject to independent review and regulatory approvals.
Greenland Mines (Nasdaq: GRML) has engaged WSP Denmark to continue environmental baseline work at the Sarfartoq rare earth project in southwest Greenland. The 2026 program represents the second year of multi-year environmental studies, supporting future Environmental Impact Assessment, permitting and project planning as Sarfartoq advances.
WSP Denmark completed the 2023 baseline campaign and also supports Greenland Mines’ Skaergaard project, which the company believes enhances project continuity, execution consistency and knowledge transfer across its Greenland critical minerals portfolio.
Greenland Mines (Nasdaq: GRML) signed a definitive agreement to acquire Neo North Star Resources, owner of the Sarfartoq Nd-Pr rare earths project in southwest Greenland, for US$35 million (US$20M cash, US$15M in new GRML shares).
The project hosts a historic NI 43-101 resource at the ST1 zone of 5.88Mt indicated at 1.77% TREO and 2.46Mt inferred at 1.59% TREO, containing about 27M kg Nd₂O₃ and 8M kg Pr₆O₁₁. Neo Performance Materials will become a strategic shareholder and retain offtake rights for up to 60% of future ore or concentrate production. Closing is subject to Greenland government and regulatory approvals.
Greenland Mines (Nasdaq: GRML) announced that President Bo Møller Stensgaard, Ph.D., will participate in the EIT RawMaterials Summit 2026 in Brussels from May 19–21, 2026.
He will also join a GTK Mintec roundtable on resource-efficient mining, highlighting the Skaergaard multi-metal project and its role in North Atlantic critical-minerals supply chains.
Greenland Mines (NASDAQ:GRML) announced that President Bo Møller Stensgaard, Ph.D., will present at CMI Summit 5 – The New Critical Minerals Economy in Toronto on May 13–14, 2026.
He will discuss the Skaergaard PGM-Au project, by-product optionality, and financing dynamics for critical minerals.
Greenland Mines (Nasdaq: GRML) reported results of an independent SLR metal price sensitivity analysis for the Skaergaard Project dated May 7, 2026. The high-price case yields 16.58 Moz PdEq Indicated and 21.92 Moz PdEq Inferred, with average PdEq grades up ~45% (Indicated) and ~55% (Inferred) versus the 2022 base case.
SLR held the 2022 block model and technical parameters constant and recalculated PdEq using three 2026 metal-price scenarios (Low/Medium/High).