CANADA someone who had an interest in focusing on the quality of the ruby- and sapphire ore , not just the quantity ,” says Bent Jensen , General Manager of the Aappaluttoq project .
“ Normally , you want to focus on the volume and get the most out of the ground . With us , that ’ s not the case . We want to protect the mineral ore as much as possible .”
The company set off in search of an investor with the same mindset , experience , and financial backing to fit its needs , and the Leonhard Nilsen and Sonner AS Group ( LNS ) had all the attributes .
“ We wanted to engage with an operator that would focus on the motive . We quickly came to the conclusion we needed to get an operator who would also be an investor ,” says Jensen . “ That ’ s why they ’ re interesting . They have the experience building and operating mines , the financial backing we need , and they were initially involved in the gold mining here in Greenland . So they have a relationship with the community .”
True North Gems and LNS Group through LNS Greenland signed a deal for the latter to invest a total of $ 34 million into the project through
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