# Greenland energy & minerals amid Arctic competition

> Live situation record from CLSTR: https://clstr.news/situations/greenland-mining-exploration-activities
> Updated: 2026-08-08T05:00:39.000Z. Sources: 38. Developments: 16.

Since June 2026 Greenland Energy has upgraded rigs and funded a $70 million two‑well drilling campaign in the Jameson Land Basin, while Greenland Mines advanced a 7,500‑metre diamond‑drilling program at Skaergaard and secured a stake in AnorTech. Amaroq Ltd reported high‑grade gold results from Nalunaq, and Dalaroo Metals identified new rare‑earth targets at Blue Lagoon. Canada approved a C$7 million grant for the Malmbjerg molybdenum project, and NATO and U.S. forces have been monitoring rising Chinese activity in the Arctic.

In July, the Greenland government warned Greenland Energy of unauthorized drilling in Jameson Land. The warning was reiterated on 8 August after the company moved drilling equipment to the eastern coast of Jameson Land without a permit from the mineral resources authority. Greenland Energy plans to spend about $60 million on two exploratory wells, claiming the area could contain up to $1 trillion of crude oil. Although new oil licences were halted in 2021, British firm 80 Mile retains existing exploration rights in the region. The firm has hired former talk‑show host Dr. Phil for a documentary and added a U.S. Navy veteran linked to the “Golden Dome” missile‑defence plan to its board. Two days after the warning, former President Donald Trump posted a provocative image on Truth Social, reiterating his rhetoric about U.S. control of the Arctic.

## Timeline

### 2026-08-08: Greenland government warns Trump-linked oil firm over unauthorized drilling

Greenland warned Trump‑linked Greenland Energy that its unauthorized drilling prep in Jameson Land lacks a permit, amid claims of $1 trillion oil potential and Trump’s Arctic rhetoric.

13 sources. https://clstr.news/cluster/greenland-government-warns-trump-linked-greenland-energy-of-unauthorized-arctic-drilling

### 2026-07-29: Greenland Energy advances Jameson Land Basin project amid global energy security concerns

Greenland Energy (GLND) is advancing its Jameson Land Basin project in Greenland, aiming for up to a 70% interest by funding two exploratory wells and targeting a fully financed 2026 drilling program as global‑

2 sources. https://clstr.news/cluster/greenland-energy-advances-jameson-land-basin-project-amid-global-energy-security-concerns

### 2026-07-20: Greenland Mines Secures Stake in AnorTech to Enter Critical Materials Processing

Greenland Mines exchanged 12.4 million shares for a stake in AnorTech, entering midstream critical‑materials processing and boosting its rare‑earth supply chain position.

3 sources. https://clstr.news/cluster/greenland-mines-secures-stake-in-anortech-to-enter-critical-materials-processing

### 2026-07-20: U.S. Coast Guard monitors Chinese research vessels transiting Bering Sea to Arctic

U.S. Coast Guard tracked Chinese research ships Xue Long and Xue Long 2 transiting the Bering Sea EEZ toward the Arctic, citing sovereign‑rights protection and international‑law compliance amid rising Arctic竞争.

2 sources. https://clstr.news/cluster/us-coast-guard-monitors-chinese-research-vessels-transiting-bering-sea-to-arctic

### 2026-07-19: Arctic competition spurs surveillance upgrades and rare‑earth pursuits

The melting Arctic is becoming a contested zone, prompting enhanced US‑Canadian surveillance equipment and renewed interest in its rare‑earth mineral deposits as nations seek alternatives to China’s dominance.

2 sources. https://clstr.news/cluster/arctic-competition-spurs-surveillance-upgrades-and-rareearth-pursuits

### 2026-07-16: Amaroq Reports High-Grade Drilling Results at Greenland's Nalunaq Gold Mine

Amaroq Ltd. reported high‑grade underground drilling at Greenland's Nalunaq mine, confirming an average 42.8 g/t Au and notable intersections over 130 g/t, bolstering confidence in near‑term production.

2 sources. https://clstr.news/cluster/amaroq-reports-high-grade-drilling-results-at-greenlands-nalunaq-gold-mine

### 2026-07-13: Greenland Energy's Frontier Oil Drill Gains Momentum Amid Global Energy‑Security Concerns

Greenland Energy (NASDAQ: GLND) plans its first modern drilling in Greenland’s Jameson Land Basin, citing energy‑security concerns from Middle‑East tensions, but faces high geological, financial and regulatory

3 sources. https://clstr.news/cluster/greenland-energy-gains-investor-focus-amid-mounting-middle-east-and-russiaukraine-oil-supply-risks

### 2026-07-13: Dalaroo Metals identifies four new rare earth targets in Greenland's Blue Lagoon project

Dalaroo Metals completed its biggest exploration at Greenland's Blue Lagoon, identifying four new rare‑earth targets and expanding the project area by 34 km².

2 sources. https://clstr.news/cluster/dalaroo-metals-identifies-four-new-rare-earth-targets-in-greenlands-blue-lagoon-project

### 2026-07-10: Greenland emerges as a strategic Arctic hub for resources and security

Greenland’s rich mineral deposits, strategic location on Arctic routes and US military presence are drawing heightened interest from the US, NATO and rival powers amid climate‑driven ice melt.

2 sources. https://clstr.news/cluster/greenland-emerges-as-a-strategic-arctic-hub-for-resources-and-security

### 2026-07-02: Greenland Energy launches $70 million Jameson Land Basin drilling programme

Greenland Energy will fund a $70 million two‑well drill program in the Jameson Land Basin, appointing 80 Mile’s Roderick McIllree to manage operations and permitting in Greenland.

2 sources. https://clstr.news/cluster/greenland-energy-launches-70-million-jameson-land-basin-drilling-programme

### 2026-06-29: Canada Grants $5 M to Greenland Molybdenum Mine

Canada pledged C$7 million to fund Greenland’s Malmbjerg molybdenum mine, a critical defence and clean‑energy metal, marking the first G7 investment in the island’s mining sector amid supply concerns over China

4 sources. https://clstr.news/cluster/canada-grants-5-m-to-greenland-molybdenum-mine

### 2026-06-29: Greenland drilling contracts secured by Stampede Drilling and Greenland Mines

Stampede Drilling gets upfront capital from Greenland Energy for Arctic rig upgrades and a 2026 mobilization to East Greenland, while Greenland Mines contracts Danish firm Nordisk Fundering for a 7,500‑m钻石钻探项目在

2 sources. https://clstr.news/cluster/greenland-drilling-contracts-secured-by-stampede-drilling-and-greenland-mines

### 2026-06-23: Greenland firms advance rare‑earth and energy projects to boost Arctic economic self‑sufficiency

Greenland Mines reports large palladium‑equivalent and rare‑earth resources and plans a Sarfartoq acquisition, while Greenland Energy advances the Jameson oil‑and‑gas exploration project to foster Arctic self‑s

2 sources. https://clstr.news/cluster/greenland-firms-advance-rareearth-and-energy-projects-to-boost-arctic-economic-selfsufficiency

### 2026-06-18: Greenland Mines advances Sarfartoq rare earth project with new resource estimate

Greenland Mines hired Tetra Tech Canada and GeoSim to update the resource estimate for its Sarfartoq neodymium‑praseodymium rare‑earth project in southwest Greenland, aiming for a summer‑ready S‑K 1300 report.

3 sources. https://clstr.news/cluster/greenland-mines-advances-sarfartoq-rare-earth-project-with-new-resource-estimate

### 2026-05-25: Dalaroo Metals and Critical Resources launch 2026 exploration drives in Greenland and New Zealand

Dalaroo Metals prepares a mid‑2026 on‑ and offshore mineral survey in Greenland, while Critical Resources reports high‑grade gold assays and a new soil anomaly at its New Zealand Lammerlaw project.

2 sources. https://clstr.news/cluster/dalaroo-metals-and-critical-resources-launch-2026-exploration-drives-in-greenland-and-new-zealand

### 2026-05-18: Amaroq Ltd to present at precious metals & critical minerals investor conference on May 21

Amaroq Ltd will present its Greenland mining plans at a virtual precious metals conference on May 21.

4 sources. https://clstr.news/cluster/amaroq-ltd-to-present-at-precious-metals-critical-minerals-investor-conference-on-may-21

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Cite as: Greenland energy & minerals amid Arctic competition. CLSTR, https://clstr.news/situations/greenland-mining-exploration-activities
