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Amaroq Q2 2026 results: flotation upgrade boosts recoveries; London listing

Aug 13, 2026, 2:04 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

The combination of a positive H1 beat, nearing full flotation ramp at Nalunaq (driving higher recoveries), additional exploration funding, and a London listing expands liquidity and investor base, which historically can trigger a re-rating for mid-cap miners with Greenland exposure.

AI summary

What happened, with direct paths to the underlying reporting

Amaroq reported H1 2026 Nalunaq production near 9,000 oz, with a flotation circuit commissioned in June boosting recoveries toward 90–95%. The firm also advanced expansion by moving to the London Main Market, securing US$70m RCF, and securing GCAM Gardaq funding for 2026/27 exploration at Ilua, Minturn and Nanoq, underpinning a broader growth trajectory in gold and strategic minerals.

Nalunaq H1 2026 production ~9,000 oz; above guidance midpoint.
Flotation circuit commissioned June 2026; run-rate recoveries target 90–95%.
London Main Market listing completed July 31, 2026; broader international access.
GCAM Gardaq funding for 2026/27 exploration (Ilua, Minturn, Nanoq).
Nalunaq MRE5: >500 koz at 30.35 g/t Au; Indicated up 10.6%.

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