Amaroq Ltd. (LSE:AMRQ) has completed and commissioned a flotation recovery circuit at its Nalunaq gold mine processing facility, concluding Phase 2 of the project’s development and bringing the plant to its full planned operating specification. The upgraded processing facility now combines gravity and flotation recovery methods and has successfully produced its first gold concentrate in addition to its existing Dore bar production.
The introduction of the flotation circuit is expected to deliver a substantial improvement in recovery rates, increasing overall gold recovery from approximately 50–70% to around 90–95%. This enhancement should enable the company to generate significantly more gold from the same volume of ore while also creating an opportunity to reprocess previously stockpiled gold-bearing tailings.
Amaroq said the improved recovery profile strengthens confidence in the ongoing ramp-up of the Nalunaq operation and supports its production targets. The company has maintained its 2026 production guidance of 25,000–35,000 ounces of gold, alongside first-half 2026 output guidance of 7,000–10,000 ounces, reflecting expectations that the mine remains on track to meet its annual objectives.
More about Amaroq Ltd.
Amaroq Ltd. is an independent mining development company focused on the exploration, acquisition and advancement of gold and strategic metal assets in South Greenland. Its flagship asset is the wholly owned Nalunaq gold mine, supported by a broader portfolio of exploration projects that includes the Stendalen and Sava Copper Belt areas, where the company is targeting commodities such as copper, nickel, rare earth elements and other strategic minerals.
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