Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

IcyPeas

(25,269 posts)
5. Greenland itself were welcoming prospectors..... (not new owners)
Wed Jan 7, 2026, 07:54 AM
Jan 7

[Bolding mine]

Seems Bezos, Gates and Lutnick already have their foot in the door. Read the Wikipedia section on Mining, that is an interesting section.

...and rare earths – are known to exist, but as of 2011 not yet in commercially viable deposits, while Greenland's Bureau of Minerals and Petroleum was working to promote Greenland as an attractive destination for prospectors.

Greenland's economy is hampered by lack of infrastructure with less than 100 miles of paved roads. However as of 2012, partly due to the retreating ice sheet due to climate change, Greenland was starting to emerge as a territory rich with untapped mining resources.
.....
As of 2025, Lumina was digging for anorthosite, and KoBold, financed by Jeff Bezos, Bill Gates and other billionaires for nickel.[30] Critical Metals Corporation has been operating a mine in southern Greenland, backed by Cantor Fitzgerald of which Howard Lutnick has been the firm’s chief executive prior to becoming commerce secretary in 2025.[30]

Economy of Greenland - Wikipedia https://share.google/mkOUff9Tlr245r9Mb

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»So who is the Trump whisp...»Reply #5