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Scottish gold ready to be scooped
Malaysia News.Net
Tuesday 8th July, 2008
The only remaining gold mine in Scotland is expected to reopen in the next few weeks.
The Cononish mine near Tyndrum, in Stirlingshire, closed 10 years ago due to the low cost of gold.
Today’s soaring prices have once again made the mine viable, with investors avoiding equities and buying gold.
It is estimated that the Cononish mine contains an estimated £76m worth of gold and silver embedded in quartz rock.
The area lies within the Loch Lomond and Trossachs National Park, so mining consent will first have to be given.
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