nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpql355c9nat7ffd0efj6vwdyfe2a84nychcezzkk922z86wfcedrvsatxus5 The whole "there is minerals there" thing drives me up the wall. I'm an Economic Geologist. Finding something, and mining it economically and safely are 2 entirely different things. There has been exploration on Greebland for decades - and there is a grand total of 2 mines, one anorthosite, and the other a ruby mine.

Why? Because it is insanely expensive and difficult to mine there. If you look at the price history of say lithium, or rare earths, it goes up and down like a rollercoaster. Really difficult to keep your head above water when you have no assurances that your product is going to sell for more than what it costs to mine, process, and transported. And I'm not even talking about environmental impact, community approval, and much, much more.

Discovering mineral deposits is the easy part. The rule of thumb is that 0.5% of all exploration projects end up in being a mine.

Very, very few governments or media outlets even approach a basic understanding of this.