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AEX Gold ( (TSE:AMRQ) ) has issued an update.
Amaroq Ltd. reported that gold production at its Nalunaq mine in 2025 reached about 6,600 ounces, surpassing the midpoint of its 6,000-7,000 ounce guidance range for the first year of the mine’s restart. Following a temporary production halt in the fourth quarter, mining and processing have resumed in line with expectations, and the company plans to present its 2026 production guidance and financial outlook at the end of February. In parallel, Amaroq announced that an Impact Benefit Agreement covering the social and sustainability aspects of the Nalunaq operation has been approved by Greenlandic authorities, marking an important milestone both for the company and for the evolving mining sector in Greenland, and reinforcing the project’s social licence to operate as it advances into its next development phase.
More about AEX Gold
Amaroq Ltd. is a Greenland-focused mineral exploration and development company whose principal business is the identification, acquisition, exploration and development of gold and strategic metal assets. Its flagship operation is the fully owned Nalunaq Gold Mine, now in production and ramp-up, supported by a pipeline of high-grade satellite gold targets across South and West Greenland. The company also owns the Black Angel zinc-lead-silver project in West Greenland, historically one of the country’s highest-grade base metal operations, and controls a broad portfolio of strategic metal licences in South Greenland, including advanced copper, nickel, rare earth and other critical mineral projects such as Stendalen and the Sava Belt.
See more data about AMRQ stock on TipRanks’ Stock Analysis page.