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Mineral-rich Greenland says it doesn’t want to become a great mining nation. Here’s why

From cnbc.com

Greenland has little interest in harnessing its massive resource potential to become a top mining country. The world’s largest island has been thrust into the geopolitical spotlight in recent months, with U.S. President Donald Trump repeatedly saying that Washington should control the autonomous Danish territory — even refusing to rule out the use of military or economic force. Trump’s pursuit of Greenland comes as mining executives describe the race for the Arctic island’s largely untapped extractable resources as an “enormous opportunity.” However, Greenland’s harsh climate, remote landscape and lack of ... (full story)

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  • Category: Fundamental Analysis