A judge ruled that an appeal brought forward by a local resident had failed and confirmed planning consent for an underground gold mine.
Ireland Mining News
India clinches the title for largest zinc mine with Rampura Agucha.
Deal gives Orion mine access to mineral rights for more than 80,000 hectares of land in Northern Ireland, which includes one of the world's top ten undeveloped gold deposits by grade.
The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.
The offer is priced at a 62% premium to the explorer’s share price at close on June 20, a day before it was announced.
It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.
Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.
Document shows a 46% increase in gold ounces at the Northern Ireland project.
Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.
Anti-mining activists were escorted out from a hotel by police after they tried to enter a conference where they thought representatives from Dalradian Resources would be in attendance.
Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.
The miner had to put its plans on hold because the Police Service of Northern Ireland said it cannot secure daily anti-terrorism cover for its blasting operations at Omagh gold mine.
The deal would transfer control of Minco's 2% net smelter return royalty on the Curraghinalt gold deposit in Northern Ireland, which Dalradian is currently developing.
After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.
A €1bn Canadian silver mining company has taken a stake in fledgling Dublin-based zinc explorer Group Eleven Resources.
Locals oppose to the Dalradian Resources' plans to build a processing plant at its Curraghinalt project, which will use cyanide to extract gold.
The positive decision is the result of 3 years of examination of environmental and other factors regarding the application.
A Canadian mining company operating the only gold mine in Ireland (Northern Ireland and the Republic) has received permission allowing it to expand underground.
It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.
Turkish gold miner Koza Altın has established a wholly owned subsidiary in Britain to undertake mining activities abroad.
Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.
Irish government has granted Connemara Mining 10 prospecting licenses.
This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.
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