Eldur Ólafsson (1985) founded Amaroq Ltd. in 2017, having previously worked for over 7 years on integrated mining projects in Greenland. He has had an extensive career in the geothermal and mining industries, during which he built the largest geothermal district heating company in the world alongside SinopacGroup. Eldur has a successful track record of leading companies from exploration to production, as shown by his time at Orka Energy, where Eldur was responsible for securing the acquisition, and subsequent development, of the Company’s geothermal energy in both China and the Philippines. Prior to this, he worked with Geysir Green Energy, a geothermal investment company, where he led their business development. He later became the Technical Director of energy company Enex, a 100% owned subsidiary of Geysir, where he grew the Company from its inception to a position where it was operating in three Chinese provinces.
Eldur holds a BSc Geology degree from the University of Iceland.
Eldur Ólafsson owns 10,084,863 shares in the Company (directly and indirectly through Vatnar hf.) and holds 3,050,000 share options under the Company´s Stock Option Plan.

Joan has 13 years of experience operating in Greenland, and has worked on the Nalunaq project since 2010. During this time, she has built a strong relationship with the Government of Greenland whilst successfully applying her in-depth knowledge and expertise covering all aspects of the mining licencing, governance and monitoring processes.

Joan has been a member of the Amaroq team since the Company’s inception in 2017, and has played an integral part in facilitating its growth. As VP ESG and Corporate Secretary she has driven the Company’s Sustainability initiatives in Greenland, and has assumed responsibility for community engagement and local programmes. Joan is a member of the Greenland Business Association Industry Committee for Mineral Exploration and Extraction 2022-2024.

Prior to joining Amaroq, Joan worked for 14 years in various positions at Barclays Bank, including becoming the Change Manager responsible for 13 sites, before moving to a Project Manager role at Barclays’ head office.

Joan is responsible for overseeing strategic initiatives, driving growth and development, and overseeing the group’s Sustainability programmes. She plays a pivotal role in guiding the Company’s vision to create a Greenlandic legacy and ensuring its continued success.

Ellert Arnarson joined Amaroq in 2024. With extensive experience in financial management and analysis, capital raising as well as mergers and acquisitions, Ellert has a demonstrated history of leading high-performing teams. Prior to joining Amaroq, Ellert was Head of Corporate Finance at Icelandic bank Landsbankinn, and previously held senior positions at the Pension Fund of Commerce, Iceland’s second-largest pension fund, and at GAMMA Capital Management.

Mr. Arnarson holds a Master’s Degree in Financial Economics and a Bachelor’s Degree in Mathematics from the University of Iceland.

Edward has over 22 years of experience in Mining and Natural Resources. Most recently, as Head of IR and Communications at WE Soda Ltd, the world’s largest producer of soda ash. Edward was previously VP of Investor Relations & Communications at Lundin Energy SA, until its sale to AkerBP ASA in 2022. Prior to this, Edward was at FTI Consulting for 17 years, where he led the EMEA Energy & Natural Resources practice.

James Gilbertson, CGeo, MSCM, is a distinguished geologist and renowned authority in the field of mineral exploration and development, boasting an extensive career of over 20 years dedicated to international mineral projects.

Before assuming his current role at Amaroq, James served as a consultant for the company, demonstrating his commitment and expertise during his tenure as Managing Director of SRK Consulting’s exploration division.

Over a 17-year period, James provided invaluable consultancy services and strategic counsel to a diverse range of exploration, development, and mining enterprises worldwide, covering a wide spectrum of commodities during his association with SRK.

His professional focus centres on mineral exploration strategy and optimization, as well as comprehensive design, planning, and management, with a specialized emphasis on gold, porphyry-related, and orthomagmatic deposits. James is also a recognized authority in mineral project valuation and evaluation, earning credentials as a Chartered Geologist and Competent Person (CP) through the Geological Society of London.

Anna has 15 years’ experience in corporate finance, financial planning and strategy development, business transformation and mining innovation and technology implementation. Prior to joining Amaroq she was Commercial Director Innovation Group at Barrick Gold. She has also held progressive managerial roles at Glencore and Xstrata, in addition to CFO roles at technology start-ups.

Anna also holds the role of Corporate Secretary of Amaroq. She is an experienced corporate law and governance professional. Prior to joining Amaroq in 2022 Anna served as Corporate Secretary and head of Corporate governance team for Polyus Group, supporting the company on major stock exchanges. She is an Associate member of the Chartered Governance Institute. Anna holds a law degree from a university in Russia and LL.M. in American Business Law.

Edward Wyvill has a background in corporate strategy and business development. He has a wealth of experience in the natural resources sector and has advised multiple private and public companies on their strategic engagement with international markets.

He joined the company in 2019.