Prospectors & Developers Association of Canada hosts the world’s largest conference on an annual basis. The event is held in Toronto. In this years PDAC, Greenland Business Association, Confederation of Danish Industry, and the Royal Danish Consulate in Toronto had arranged a delegation trip for Greenlandic and Danish businesses and stakeholders. The delegation had participation from Greenlands self-government with Naalaakersuisoq on Finances, Vittus Qujaukitsoq.
Greenlands self-government used the opportunity several times to mention that Greenland is open for business. Since the last PDAC, there has been an increase in the amount of resources dedicated to exploration, which also has led to two new applications for exploitation licenses. One from Dundas Titanium regarding the heavy mineral sands project in northwest Greenland, and one from Greenland Resources for the Malmbjerg molybdenum project in east Greenland.
Vittus Qujaukitsoq reported that the significant increase of international interest in the possibilities in Greenland has led to the development of projects concerning infrastructure. These projects have both a direct and an indirect relation to exploitation and natural resources in Greenland. Partnerships from the US has also been reinforced through the US Department of State, and it has led to a mutual understanding of developing the industry in ways where both countries can draw benefits.
Furthermore, Vittus told in a presentation on “Greenland Day” that Greenland has launched a new mineral-strategy. This strategy focus largely on the use of data in order to drive investments in exploration, increasing transparency, reducing bureaucracy, and on levelling the transition from exploration to mining.
Vittus Qujaukitsoq’s concluding words pinpointed that Greenland remains open to listening, sharing knowledge as well as improving and building the industry in Greenland. At the same time, he urged everyone to take the opportunity during PDAC to cooperate on gaining a mutual benefit from the opportunities currently present, in order to foster for a stronger mineral and mining industry in Greenland.
Arctic Consensus was part of the delegation and the programme. It was a programme with plenty of interesting activities and participants. During the seminar at the Royal Danish Consulate in Toronto, the Danish ambassador to Canada, Hanne Fugl Eskjær, participated as well. From this years PDAC, we’ve received experiences and network, and a strong impression that there is an interest in Greenland, and that the Greenlandic side works ambitiously on generating partnerships, development and driving investments.