True North Gems
Greenland is home to some of the most pure sapphire and ruby gems in the world . The country , which has notoriously been hesitant to allow mining activities in the past , recently awarded an exploration permit to True North Gems – a junior exploration company based in Canada . The company plans to not only succeed in finding profitable gems but make a positive impact in the local community as well .
Through key partnerships and a steady commitment to sharing the benefits of its business , True North Gems is striving to become the
world ’ s premier producer of Rubies and Pink Sapphires by creating a legacy of social responsibility .
Partnership with LNS Greenland In March , True North Gems was awarded a 30-year mining permit for the Aappaluttoq Ruby deposit in Southwest Greenland . The mining project , which has an initial mine life of nine years , will range from an open-pit mine to a gemstone grading and processing facility . To finance the infrastructure costs , the company needed to secure a financial partner .
“ We wanted to engage with
58 January 2015