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AEX Gold ( (TSE:AMRQ) ) has issued an announcement.
Amaroq Ltd. reported its first revenue of C$3.4 million in Q2 2025, following the successful production and sale of gold from the Nalunaq mine. The company has made significant progress in its mining operations, including increased processing capacity and strategic acquisitions to establish a West Greenland Hub. The recent oversubscribed equity fundraise has provided the financial flexibility to accelerate construction activities, aiming for enhanced production capabilities. These developments position Amaroq as a significant player in Greenland’s mining sector, with plans to expand its resource base and improve operational efficiency.
More about AEX Gold
Amaroq Ltd. operates in the mining industry, focusing on gold mining and exploration. The company is involved in the development of the Nalunaq mine in Greenland, and it has expanded its operations with strategic acquisitions and partnerships to enhance its presence in the region.
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