Melting Ice Caps Expose Mineral Wealth in Greenland
As global warming continues to melt the polar ice cap away, rocks hidden from life for thousands of years are finally being exposed – and luring diamond miners with the prospect of striking it rich. All this comes after a 2.4-carat diamond was found at Garnet lake in west Greenland earlier this year. In addition to diamonds, other resources such as gold, zink, and oil are also being explored and are luring foreign investment to desolate island.
The recent interest in Greenland has fueled another debate for country still under colonial rule from Denmark; can exploiting their mineral resources buy their independence? Heavily dependent on subsidies from Denmark, the flood of money from oil and mineral companies could be sufficient to break free.