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AEX Gold ( (TSE:AMRQ) ) has issued an announcement.
Amaroq Ltd. reported its Q2 2025 financial results, highlighting maiden revenue of C$3.4 million from the Nalunaq gold mine and significant operational progress. The company completed an oversubscribed £45 million equity fundraise and announced the acquisition of the West Greenland Hub, enhancing its geographical diversification. Amaroq is advancing its commissioning activities, targeting increased processing capacity and higher recovery rates by the end of 2025, aiming for a full-year production of approximately 5,000 ounces of gold. The company is also expanding its exploration efforts and investing in renewable energy solutions to support its mining operations.
More about AEX Gold
Amaroq Ltd. is an independent mine development corporation focused on unlocking Greenland’s mineral potential. The company is involved in mining development and exploration, with a particular emphasis on gold production and strategic mineral assets in Greenland.
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