SAND, GRAVEL, AND STONE DEPOSITS IN GREENLAND
Ministry of Business, Trade, Mineral Resources, Justice, and Gender Equality publish two reports on sand, gravel, and stone deposits in Greenland.
The Government of Greenland by the Ministry of Mineral Resources investigates the possibilities and profitability of exporting sand and gravel from Greenland. As input to this analyses the Ministry of Mineral Resources has asked Asiaq to carry out a desktop study
to:
1. collect existing knowledge about sand, gravel and stone deposits in Greenland
2. screen satellite images of the Southwest coast of Greenland (Sisimiut to Kap Farvel) in order to identify possible large coastal sand deposits relevant for consideration for export.
PREFEASABILITY STUDY AND ASSESSMENT
Geological studies have identified the large continental shelf of Greenland contains sand resources in very large quantities. As part of strategic considerations to diversify Greenland’s economy in the decades ahead, the Ministry of Mineral Resources (MMR)
investigates the technical and economic feasibility of mining and selling such resources.
The desk study reported here, titled Pre‐feasibility assessment of exploitation of Greenland’s marine sand reserves, consists of the following main topics:
- Assess the methodology and costs of extraction, pre‐screening and transportation of sand and gravel to Europe;
- Assess the market situation (volumes and prices of sand and gravel);
- Conclude on the economic potential of exploitation of marine sand and gravel reserves of Greenland (costs versus market prices)
Find both reports here.
