17th Oct 2025 11:39
(Alliance News) - Amaroq Ltd on Friday reported the launch of Single Mine Origin gold sales from its Nalunaq mine in Greenland.
The Toronto-based mining company with gold and strategic mineral assets in Greenland said the move follows its successful integration into the SMO platform.
Amaroq noted that all SMO gold is fully traceable from mine site to end customer, and produced in line with the "strictest internationally recognised responsibility standards".
Shares in the company fell 3.2% to 94.70 pence on Friday morning in London.
"We are delighted to formally launch Amaroq's Nalunaq mine under the Single Mine Origin standard, which enables us to offer fully traceable gold from the mine to the people of Greenland. Amaroq has demonstrated a clear commitment to responsible mining practices, with a particular focus on environmental stewardship and sustainable development," said Charlie Betts, managing director of the Betts Group and Single Mine Origin.
"This collaboration allows the local community to participate in the mine's ongoing success and in Amaroq's contribution to the region's economy."
By Christopher Ward, Alliance News reporter
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