A ruby mine closed last year owing to bankruptcy. Greenland has extended around 100 mining licenses, mostly for exploration. ...

"There have been many mining projects on the table and the short version is: nothing has happened. There has simply not been a business case," said one economist. Greenland Ruby, which operated a ...

and ship over equipment -- a logistical nightmare highlighting the complexities of mining in inhospitable Greenland. "This is obviously much, much harder than setting up any other business around ...