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An update from AEX Gold ( (TSE:AMRQ) ) is now available.
Amaroq Ltd. reported that its Nalunaq gold mine in southern Greenland produced approximately 6,600 ounces of gold for the year ended 2025, exceeding the mid-point of its 6,000–7,000 ounce guidance range, with mining and processing rates expected to remain steady into 2026. The company also secured the final Impact Benefit Agreement for Nalunaq, a key milestone for both the project and Greenland’s emerging mining sector, underscoring regulatory and community support as Amaroq advances Phase 2 commissioning, targets higher recovery rates, and prepares to release its 2026 production guidance and budget in February.
More about AEX Gold
Amaroq Ltd. is an independent mine development company focused on identifying, acquiring, exploring and developing gold and strategic metal assets in Greenland. Its flagship operation is the 100%-owned Nalunaq gold mine in southern Greenland, which is in production and ramp-up, supported by a pipeline of high-grade satellite gold prospects across South and West Greenland. The company also owns the Black Angel zinc-lead-silver project in West Greenland and holds a portfolio of strategic metal licences targeting copper, nickel, rare earth elements and other critical minerals as part of a broader hub strategy in the region.
See more insights into AMRQ stock on TipRanks’ Stock Analysis page.