Canada’s True North Gems gets mining licence from Greenland

Greenland has issued a 30-year mining licence to a Vancouver firm for the commercial extraction of rubies and pink sapphires from a deposit located about 120 kilometres south of Nuuk.True North Gems, which has explored the site since 2004, said March 3 the licence will allow them to transform themselves from an exploration firm into a producer of valuable gem stones for a global market.

from Springpad – Treasure News


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: