True North Gem Greenland Project
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True North Gem Greenland Project

TRUE NORTH GEMS COMPLETES SUCCESSFUL GREENLAND

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 20, 2013) – True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce the completion of successful and productive Public Information Meetings in Qeqertarsuatsiaat, Paamiut and Nuuk, Greenland. All three meetings offered the local population a chance to meet Management from the Company and

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TRUE NORTH GEMS UPDATES GREENLAND RUBY PROJECT WITH

true north gems updates greenland ruby project with 43-101 report March 31, 2009 VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 31, 2009) – True North Gems (TSX VENTURE:TGX) is pleased to announce an update on 2008 exploration results from the company’s 823 km2 Fiskenaesset Ruby Project on the southwest coast of Greenland.

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True North Gems updates Greenland precious-gem project PFS

Feb 26, 2015  An updated prefeasibility study (PFS) on Canadian project developer True North Gems' Aappaluttoq ruby and pink sapphire project, in Southwest Greenland

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True North Gems

Search for: Skip to content. Profile. About True North Gems; Board; Investors. Overview Strategy

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MILLIONS TO TRUE NORTH GEMS – Greenlandtoday

Greenland Venture will invest a total of 4.5 million DKK (approx $800,000 CAD) with True North’s wholly owned Greenlandic subsidiary True North Gems Greenland (TNGG). Working capital and loan These funds will be utilized for general working capital and will also facilitate the public hearings and other Greenlandic matters during the final ...

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What to make of True North Gems Greenland’s bankruptcy?

Sep 13, 2016  Last week, the long awaited and much spoken-off ruby and sapphire project in South West Greenland came to a halt when True North Gems Greenland (TNGG) filed

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True North Gems, The Canadian Business Journal

Luckily for True North, they also have a near-to-production story with the Greenland ruby project, which Smith assures can attract investment. The 100 per cent owned Greenland ruby discovery has been dubbed one of the most important gemstone finds in the northern hemisphere.

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Gemstone industry in Greenland - Wikipedia

In 2004, True North Gems Inc., a public Canadian junior exploration company established to search for colored gemstones at high northern latitudes, acquired the Fiskenaesset property from Brereton and Anderson and identified the Greenland Ruby as an important coloured gemstone occurrence. The company was motivated by the success of their competitors in the Canadian diamond fields beginning in 1991.

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True North Gems Secures $11 million Finance Package for ...

Sep 11, 2014  True North Gems Secures $11 million Finance Package for the Aappaluttoq Ruby Project in SW Greenland. VANCOUVER, BRITISH COLUMBIA-- (Marketwired - Sep 11, 2014) - True North Gems Inc. (TSX VENTURE ...

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True North Gems Secures $11 million Finance Package for ...

Sep 11, 2014  VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce that it has signed an agreement with Leonhard Nilsen Sonner A/S ("LNS Group") and LNS Greenland A/S ("LNSG") under which the combined LNS entities will provide over CDN$11,000,000 in financing to the Company and

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What to make of True North Gems Greenland’s bankruptcy?

Sep 13, 2016  Last week, the long awaited and much spoken-off ruby and sapphire project in South West Greenland came to a halt when True North Gems Greenland (TNGG) filed

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True North Gems Obtains Greenland Government Approval for ...

May 30, 2014  True North Gems Inc. is very pleased to announce that the Government of Greenland has formally approved the Company's Exploitation and

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MILLIONS TO TRUE NORTH GEMS – Greenlandtoday

Greenland Venture will invest a total of 4.5 million DKK (approx $800,000 CAD) with True North’s wholly owned Greenlandic subsidiary True North Gems Greenland (TNGG). Working capital and loan These funds will be utilized for general working capital and will also facilitate the public hearings and other Greenlandic matters during the final ...

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True North Receives $10 Million Finance Package for ...

Sep 18, 2014  True North Receives $10 Million Finance Package for Greenland Ruby Project. By santAdmin Sep 18, 2014. By Danielle Max IDEX Online News. Junior exploration company True North Gems Inc. and its operating subsidiary in Greenland, True North Gems (Greenland) (TNGG) are to receive more than C$11 million ($10.03 million) in financing.

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True North Gems Provides Mine Development Update for the ...

Nov 13, 2014  True North Gems Greenland A/S ("TNGG") has also recently retained the services of a highly experienced Greenlandic civil engineer to oversee the construction management of the project.

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Greenland Ruby Secures 18 Million ... - High North News

May 11, 2021  The mining project in Greenland started in 2012, when LNS acquired Greenland Mining Services (GMS). LNS Greenland (LNSG) was part-owner of True North Greenland AS, which was also owned by Canadian True North Gems. LNSG and Greenland Venture took over the mining license in Aappaluttoq following TNGG’s bankruptcy in 2016.

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True North Gems - Baystreet.ca

Capex met via JV funding and project cash flows True North Gems has announced a C$11m financing agreement with its JV ... Greenland will purchase 7% of TGX ’s operating subsidiary True North ...

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Rubies are Red: Results Indicate Success at True North ...

Oct 16, 2007  True North is well-placed to become its coloured gem counterpart. According to the company’s Greenland Ruby Project Fact Sheet, 2006 saw a Christie’s St. Moritz auction set a new per carat record for ruby. An 8.62 carat ruby sold for $3.6 million US, or 425,000US per carat.

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True North Gems - Ruby mining in Greenland - YouTube

Nov 26, 2007  True North Gems doing some search tests in the Aappaluttoq site in Greenland. A few years ago they discovered a 440-carat ruby crystal there, and it was cut ...

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True North Gems Initiation of coverage

True North Gems is a research client of Edison Investment Research Limited True North Gems’ Aappaluttoq ruby and pink sapphire mine in Greenland will start up in Q315.

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True North Gems Secures $11 million Finance Package for ...

Sep 11, 2014  VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 11, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is pleased to announce that it has signed an agreement with Leonhard Nilsen Sonner A/S ("LNS Group") and LNS Greenland A/S ("LNSG") under which the combined LNS entities will provide over CDN$11,000,000 in financing to the Company and

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New Greenland Ruby Mine Owner Begins Production National ...

May 26, 2017  The area originally was being mined by True North Gems, but the company entered into voluntary bankruptcy in September. The mining license for the Aappaluttoq Ruby Mine then was awarded to LNS Greenland, an investor in the project, after it made a bid. Terms of the deal were not disclosed.

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north gem greenland project Prominer (Shanghai) Mining ...

True North Gems’ ‘Big Red’ Greenland Ruby ... - HULIQ. As per its December 4 news release, True North Gems has wrapped up its 2007 drilling program with the completion of the final four drill holes on the Sarfaq and Ridgetop ruby prospects at its Fiskenaesset Ruby Project.

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Draft Social Impact Assessment for The Aappaluttoq Ruby ...

mining project in Qeqertarsuatsiaat in Kommuneqarfik Sermersooq, West Greenland This Draft SIA has been produced by Grontmij A/S on behalf of True North Gems (TNG), according to the Guidelines for Social Impact Assessment for mining projects in Greenland, Bureau of Minerals and Petroleum, November 2009 (the Guidelines).

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MILLIONS TO TRUE NORTH GEMS – Greenlandtoday

Greenland Venture will invest a total of 4.5 million DKK (approx $800,000 CAD) with True North’s wholly owned Greenlandic subsidiary True North Gems Greenland (TNGG). Working capital and loan These funds will be utilized for general working capital and will also facilitate the public hearings and other Greenlandic matters during the final ...

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IBA evaluation with True North Gems Greenland ...

The IBA for True North Gems Greenland’s ruby mine was signed on 16 June 2014 by True North Gems Greenland(TNGG), the Municipality of Sermersooq and the Government of Greenland in Qeqertarsuatsiaat. More than a year has passed and the three parties to the IBA are very pleased to publish the first evaluation and monitoring report.

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Municipality of Kommuneqarfik Sermersooq - True North Gems ...

True North Gems shall encourage the formation of alliances and joint ventures between foreign enterprises and Greenland enterprises (Art. 11). True North Gems will outsource the transport and service of the camp to local business (Appendix 2). True North Gems shall offer corundum (ruby and sapphire) for local sale at market prices (Appendix 9).

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True North Gems Signs Partnership Agreement to Construct ...

Nov 20, 2012  True North Gems Inc. is pleased to announce the signing of a Letter of Intent with Greenland Mining Services A/S . Under this agreement GMS

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True North Gems, The Canadian Business Journal

Luckily for True North, they also have a near-to-production story with the Greenland ruby project, which Smith assures can attract investment. The 100 per cent owned Greenland ruby discovery has been dubbed one of the most important gemstone finds in the northern hemisphere.

More

True North Gems Secures $11 million Finance Package for the

Sep 11, 2014  True North Gems Secures $11 million Finance Package for the Aappaluttoq Ruby Project in SW Greenland September 11, 2014 12:28 ET Source: True North Gems Inc. True North Gems

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True North Gems’ ‘Big Red’ Greenland Ruby Occurrence Keeps ...

Jan 03, 2008  The Fiskenaesset Ruby Project consists of 110km2 of land on the southwest coast of Greenland, about 160km south of the capital Nuuk. True North has an option to own a 100% interest on the claims. The company has actively explored the property since acquiring it in 2004.

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Greenland Ruby Secures 18 Million ... - High North News

May 11, 2021  The mining project in Greenland started in 2012, when LNS acquired Greenland Mining Services (GMS). LNS Greenland (LNSG) was part-owner of True North Greenland AS, which was also owned by Canadian True North Gems. LNSG and Greenland Venture took over the mining license in Aappaluttoq following TNGG’s bankruptcy in 2016.

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True North Gems Bus Ex

In that context, True North Gems’ Aappaluttoq Ruby Project is coming on stream at just the right time for the ruby market, which is worth $2.1 billion annually. Basically, ruby is a form of aluminium oxide (Al2O3), or corundum, which at nine on the Mohs scale sits

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Frozen Splendor: Gems and Minerals Near the Arctic Region

Mar 17, 2017  Native Greenlandic Inuit were already familiar with ruby, but tugtupite, another red gemstone, was discovered in 1957 at Tugtup Agtakôrfia on the north coast of Tunugdliarfik Fjord, South Greenland. Limited quantities of this rare gem make tugtupite a collector’s item.

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Fair Jewelry » The Greenland Ruby and True North Gems ...

TNG’s success in their Greenland ruby project can be best assured by tying their own fate to that of the artisinal miners, assuring the viability of their economic activity. ... 4 responses to "The Greenland Ruby and True North Gems: Time For Truth and Reconciliation" Robert A. Szep July 13, 2009 at 11:35 am

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First ruby and pink sapphire mine coming soon to Greenland ...

Oct 31, 2014  True North Gems expects ... constructing Greenland’s first ruby mine. True North Gems was granted a 30-year mining licence in March and a construction permit in July for its Aappaluttoq project ...

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True North Gems Secures US$4 Million in Financing for the ...

Aug 26, 2015  VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - True North Gems Inc. (TSX VENTURE:TGX) ("True North", "TNG" or the "Company") is pleased to announce that it has signed a share purchase and option agreement (the "Share Purchase Agreement") with Greenland Venture A/S ("Greenland Venture") under which Greenland Venture will purchase 5,722,940 issued

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True North Gems Provides Mine Development Update for the ...

Nov 13, 2014  Mobilization of equipment for True North's Aappaluttoq Ruby and Pink Sapphire project commenced on September 23, 2014 (see previous press release). LNS Greenland A/S ("LNSG") has mobilized very efficiently and True North is extremely impressed at the progress of development achieved by LNSG in such a short time period.

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