Investors piled into this miner after talk of US investment in Greenland

• Amaroq Minerals shares jumped aft reports of US talks connected investing successful Greenland's mining sector.

• CEO Eldur Ólafsson said renewed US absorption connected Greenland is drafting capitalist interest.

• The miner runs Greenland's Nalunaq golden excavation and is pushing into high-tech metals.

Shares successful Greenland-focused miner Amaroq Minerals surged aft its main enforcement told CNBC the institution has held talks with US authorities bodies astir imaginable concern opportunities.

Canada-based Amaroq's banal terms connected the TSX Venture Exchange closed 19.2% higher astatine 2.30 Canadian dollars, oregon $1.66, apiece connected Thursday.

Deals could impact "offtake agreements, infrastructure enactment and recognition lines," Amaroq CEO Eldur Ólafsson told CNBC connected Thursday.

Ólafsson told the web that American capitalist involvement successful the institution has accrued alongside renewed governmental attraction connected Greenland.

That attraction has been sharpened by President Donald Trump's renewed absorption connected the Arctic island, which helium raised during his archetypal word successful office.

Greenland, a semi-autonomous territory of Denmark, has grown successful strategical value arsenic melting Arctic crystal opens caller shipping routes and intensifies contention among the US, Russia, and China.

Trump has argued that Denmark is not doing capable to safeguard Greenland's strategical value.

"We request Greenland from the standpoint of nationalist security," helium told reporters aboard Air Force One connected Sunday.

Speaking successful a abstracted Bloomberg TV interview, Ólafsson said renewed US governmental absorption connected Greenland has already translated into accrued involvement from American investors.

Amaroq employs astir 300 radical and has raised much than $300 cardinal implicit the past decade, Ólafsson said.

The institution operates the Nalunaq golden excavation successful confederate Greenland and holds exploration licences focused connected copper and uncommon earths. The institution is advancing projects involving germanium and gallium, metals utilized successful semiconductors, defence systems, and precocious electronics.

Ólafsson told Bloomberg helium understands Trump's involvement successful Greenland, but added that radical connected the crushed "don't similar the rhetoric oregon the language."

At the aforesaid time, helium said the heightened attraction has opened opportunities for concern successful a portion wherever infrastructure and logistics stay large challenges.

"It's truly important that the Nordics and the US enactment unneurotic with Greenland. In the end, Greenland makes the decision. We are a Greenland-focused institution and enactment successful its interests, but these interests request to align for things to work," helium told Bloomberg.

Read the archetypal nonfiction connected Business Insider