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True North Gems Provides Mine Development Update for the

Nov 13, 2014 True North Gems Greenland A/S ("TNGG") has also recently retained the services of a highly experienced Greenlandic civil engineer to oversee the construction management of the project.

True North Gems Announces Positive Update to Aappaluttoq

Feb 25, 2015 True North Gems Inc. is pleased to announce the results of the updated pre-feasibility study on the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland. True North contracted Tetra

True North Gems Signs Partnership Agreement to Construct

Nov 20, 2012 True North Gems Inc. is pleased to announce the signing of a Letter of Intent with Greenland Mining Services A/S . Under this agreement GMS will provide the majority of capital costs to become a

TRUE NORTH GEMS COMPLETES SUCCESSFUL GREENLAND

VANCOUVER, BRITISH COLUMBIA–(Marketwired Aug. 20, 2013) True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce the completion of successful and productive Public Information Meetings in Qeqertarsuatsiaat, Paamiut and Nuuk, Greenland. All three meetings offered the local population a chance to meet Management

TRUE NORTH GEMS ENTERS FINANCIAL AGREEMENT WITH

VANCOUVER, BRITISH COLUMBIA–(Marketwire Feb. 27, 2013) True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) announces it has entered into a financial agreement with Greenland Venture A/S (“Greenland Venture”), the largest private equity fund in Greenland. Greenland Venture will invest a total of 4.5 million DKK (equivalent to

True North Gems Obtains Greenland Government Approval for

May 30, 2014 True North Gems Inc. is very pleased to announce that the Government of Greenland has formally approved the Company's Exploitation and Closure Plan, and Impact Benefit Agreement . This paves the

Diamonds.net True North Gems Funds Ruby Project in Greenland

Aug 13, 2013 True North Gems Inc. signed option and related agreements with LNS Greenland A/S, allowing its new partner to earn 20 percent of the issued and outstanding Class A shares of True North Gems Greenland (TNGG) in exchange for approximately $23 million. The amount covers the majority of True North Gems' Aappaluttoq ruby mine capital costs.

True North Gems Announces Positive Update to Aappaluttoq

Feb 25, 2015 True North Gems Inc. is pleased to announce the results of the updated pre-feasibility study on the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland. True North contracted Tetra

True North Gems Signs Partnership Agreement to Construct

Nov 20, 2012 True North Gems Inc. is pleased to announce the signing of a Letter of Intent with Greenland Mining Services A/S . Under this agreement GMS will provide the majority of capital costs to become a

TRUE NORTH GEMS COMPLETES SUCCESSFUL GREENLAND INFORMATION

VANCOUVER, BRITISH COLUMBIA–(Marketwired Aug. 20, 2013) True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) is pleased to announce the completion of successful and productive Public Information Meetings in Qeqertarsuatsiaat, Paamiut and Nuuk, Greenland. All three meetings offered the local population a chance to meet Management

TRUE NORTH GEMS ENTERS FINANCIAL AGREEMENT WITH GREENLAND

VANCOUVER, BRITISH COLUMBIA–(Marketwire Feb. 27, 2013) True North Gems Inc. (TSX VENTURE:TGX) (“True North” or the “Company”) announces it has entered into a financial agreement with Greenland Venture A/S (“Greenland Venture”), the largest private equity fund in Greenland. Greenland Venture will invest a total of 4.5 million DKK (equivalent to

What to make of True North Gems Greenland’s bankruptcy?

Sep 13, 2016 Last week, the long awaited and much spoken-off ruby and sapphire project in South West Greenland came to a halt when True North Gems Greenland (TNGG) filed for bankruptcy after months of

Diamonds.net True North Gems Funds Ruby Project in Greenland

Aug 13, 2013 True North Gems Inc. signed option and related agreements with LNS Greenland A/S, allowing its new partner to earn 20 percent of the issued and outstanding Class A shares of True North Gems Greenland (TNGG) in exchange for approximately $23 million. The amount covers the majority of True North Gems' Aappaluttoq ruby mine capital costs.

Municipality of Kommuneqarfik Sermersooq True North Gems

True North Gems shall encourage the formation of alliances and joint ventures between foreign enterprises and Greenland enterprises (Art. 11). True North Gems will outsource the transport and service of the camp to local business (Appendix 2). True North Gems shall offer corundum (ruby and sapphire) for local sale at market prices (Appendix 9).

True North Gems’ ‘Big Red’ Greenland Ruby Occurrence Keeps

Jan 03, 2008 The Fiskenaesset Ruby Project consists of 110km2 of land on the southwest coast of Greenland, about 160km south of the capital Nuuk. True North has an option to own a 100% interest on the claims. The company has actively explored the

True North Gems Mining Greenland Sept14 Bro by Business

Sep 03, 2014 True North Gems. Rough Ruby and Pink Sapphire liberated from host. formerly BMP) in smoothing the partner LNS Greenland who Did you know? path to this vital milestone: “We will earn a project

IBA evaluation with True North Gems Greenland

Mar 03, 2016 The IBA for True North Gems Greenland’s ruby mine was signed on 16 June 2014 by True North Gems Greenland(TNGG), the Municipality of Sermersooq and the Government of Greenland in Qeqertarsuatsiaat. More than a year has passed and the three parties to the IBA are very pleased to publish the first evaluation and monitoring report.

North Norwegian Corporation has Opened Ruby Mine on Greenland

May 22, 2017 When the North-Norwegian company a few years ago joined the Greenlandic mining project, it started out as an operator and minority shareholder. Nevertheless, True North Gems Greenland (TNGG) went bankrupt last fall. Only ten days later, Leonhard Nilsen & Sønner Greenland AS (LNSG), a subsidiary of LNS, bought the bankrupt estate.

True North Gems Secures $11 million Finance Package for

Sep 11, 2014 True North Gems Inc. is pleased to announce that it has signed an agreement with Leonhard Nilsen & Sonner A/S and LNS Greenland A/S under which the combined LNS entities will provide over CDN

True North Gems Secures $11 million Finance Package for

Sep 11, 2014 True North Gems Secures $11 million Finance Package for the Aappaluttoq Ruby Project in SW Greenland September 11, 2014 12:28 ET Source: True North Gems Inc. True North Gems Inc.

Rubies are Red: Results Indicate Success at True North

Oct 16, 2007 True North is well-placed to become its coloured gem counterpart. According to the company’s Greenland Ruby Project Fact Sheet, 2006 saw a Christie’s St. Moritz auction set a new per carat record for ruby. An 8.62 carat ruby

True North Gems builds Greenland's first ruby mine The

True North Gems is developing the mine with joint-venture partner LNSG, a company in Greenland that is majority owned by international Arctic contractor Leonhard Nilsen & Sonner of Norway. LNSG will earn a 20% stake in the project

True North Secures $4 Million for Greenland Ruby Project JCK

Aug 26, 2015 True North Gems has secured $4 million in financing in support of its Aappaluttoq Ruby Project in Southwest Greenland. This latest round of financing comes from Greenland Venture, which has purchased 7 percent of the shares of True North’s Greenland subsidiary, True North Gems Greenland. “With this funding arrangement, the company will be

What to make of True North Gems Greenland’s bankruptcy?

Sep 13, 2016 Last week, the long awaited and much spoken-off ruby and sapphire project in South West Greenland came to a halt when True North Gems Greenland (TNGG) filed for bankruptcy after months of

True North Gems Provides Mine Development Update for the

Nov 13, 2014 Mobilization of equipment for True North's Aappaluttoq Ruby and Pink Sapphire project commenced on September 23, 2014 (see previous press release). LNS Greenland A/S ("LNSG") has mobilized very efficiently and True North is extremely impressed at the progress of development achieved by LNSG in such a short time period.

Municipality of Kommuneqarfik Sermersooq True North Gems

True North Gems shall encourage the formation of alliances and joint ventures between foreign enterprises and Greenland enterprises (Art. 11). True North Gems will outsource the transport and service of the camp to local business (Appendix 2). True North Gems shall offer corundum (ruby and sapphire) for local sale at market prices (Appendix 9).

True North Gems’ ‘Big Red’ Greenland Ruby Occurrence Keeps

Jan 03, 2008 The Fiskenaesset Ruby Project consists of 110km2 of land on the southwest coast of Greenland, about 160km south of the capital Nuuk. True North has an option to own a 100% interest on the claims. The company has actively explored the

North Norwegian Corporation has Opened Ruby Mine on Greenland

May 22, 2017 When the North-Norwegian company a few years ago joined the Greenlandic mining project, it started out as an operator and minority shareholder. Nevertheless, True North Gems Greenland (TNGG) went bankrupt last fall. Only ten days later, Leonhard Nilsen & Sønner Greenland AS (LNSG), a subsidiary of LNS, bought the bankrupt estate.

Greenland Rubies: What We Know At This Point National

Sep 12, 2017 The rubies and pink sapphires coming out of Greenland are about ready to make their debut. Greenland Ruby officially announced the start of production at Aappaluttoq in May, making headway on a project that stalled after the former owner of the license to mine the site, True North Gems, ran into financial troubles. Aappaluttoq is Greenland’s first corundum

True North Gems Mining Greenland Sept14 Bro by Business

Sep 03, 2014 True North Gems. Rough Ruby and Pink Sapphire liberated from host. formerly BMP) in smoothing the partner LNS Greenland who Did you know? path to this vital milestone: “We will earn a project

IBA evaluation with True North Gems Greenland

Mar 03, 2016 The IBA for True North Gems Greenland’s ruby mine was signed on 16 June 2014 by True North Gems Greenland(TNGG), the Municipality of Sermersooq and the Government of Greenland in Qeqertarsuatsiaat. More than a year has passed and the three parties to the IBA are very pleased to publish the first evaluation and monitoring report.

Ruby Project Greenland: DMS Plant Halyard Inc.

The ruby project is located in Fiskenaesset, Greenland for Leonhard Nilsen & Sønner AS (LNS) formally True North Gems and involved the turnkey supply of a modular DMS Plant for the recovery of rubies at the Aappaluttoq project. The client approached Halyard for a DMS processing solution within a limited budget.

True North Gems Secures US$4 Million in Financing for the

Aug 26, 2015 True North Gems Inc. is pleased to announce that it has signed a share purchase and option agreement with Greenland Venture A/S under which Greenland Venture will purchase 5,722,940 issued A

True North Gems, The Canadian Business Journal

Luckily for True North, they also have a near-to-production story with the Greenland ruby project, which Smith assures can attract investment. The 100 per cent owned Greenland ruby discovery has been dubbed one of the most important gemstone finds in the northern hemisphere.

True North Gems Initiation of coverage

True North Gems is a research client of Edison Investment Research Limited True North Gems’ Aappaluttoq ruby and pink sapphire mine in Greenland will start up in Q315.