Denmark, Greenland inject over $5m into Bluejay Mining
In total, the company has raised £11.5-million (about $15m) through a sale of new shares to investors, including Greenland Venture and Vaekstfonden, the Danish state’s investment fund.
Canada will give aboriginal groups more say in discussions over natural resource projects located on their territory, which should help pave the way for major pipelines and mines, the country's new energy minister said on Monday.
While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.
Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.