Ireland Mining News

Galantas Gold jumps after hitting main vein at Irish mine expansion

It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.

New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m

Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.

Dalradian up on resource update for Curraghinalt gold deposit

Document shows a 46% increase in gold ounces at the Northern Ireland project.

Irish diamond miner to expand in Finland

Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.

Canadian miner’s plan incite protest in Irish town

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.

Irish court approves Dalradian takeover of Minco

Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.

Galantas Gold plummets as it halts Irish mine expansion on terrorism fears

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.

Minco shares soar on possible takeover by Dalradian Resources

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.

Galantas Gold soars on news of Irish mine expansion

After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.

€1bn silver mining company takes stake in fledgling Dublin-based Group Eleven Resources

A €1bn Canadian silver mining company has taken a stake in fledgling Dublin-based zinc explorer Group Eleven Resources.

Polemic around Canadian firm’s gold project in Ireland heats up

Locals oppose to the Dalradian Resources' plans to build a processing plant at its Curraghinalt project, which will use cyanide to extract gold.

Galantas receives planning permit for Omagh underground gold mine

The positive decision is the result of 3 years of examination of environmental and other factors regarding the application.

Irish gold mine receives okay to go underground

A Canadian mining company operating the only gold mine in Ireland (Northern Ireland and the Republic) has received permission allowing it to expand underground.

Canadian miners find 'pot of gold' in Ireland

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 miner, Lonmin to explore for gold, silver in Ireland

Turkish gold miner Koza Altın has established a wholly owned subsidiary in Britain to undertake mining activities abroad.

Alberta most attractive mining destination in Canada, third worldwide

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.

Mining group seeking to fill up pot of gold in Ireland

Irish government has granted Connemara Mining 10 prospecting licenses.

Vedanta raises $1.7bn, India’s largest ever offshore bond sale

This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.

Fraser Institute ranks Finland and Sweden top mining destinations

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.

Presidential betting site bars all Americans over gold trading

Popular betting site accused of providing unregulated commodities options to online gamblers

Green light for Omagh gold mine

Galantas Gold is pleased to announce that it has granted consent for the construction of a lower portal and truncated tunnel structure, to be built during phased restoration of the Kearney open pit.

Ireland's justice minister can't link cash for gold shops to major crime

The justice minister of Ireland did not find a conclusive link between cash for gold shops and increased precious metal burglary in the country, but the minister's study did recommend that the country look at some controls for the industry.

Dalradian Resources Inc. announces $25 million bought deal financing

Dalradian Resources Inc. ("Dalradian" or the "Company") (TSX:DNA) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Clarus Securities Inc., and including Stifel Nicolaus Canada Inc., under which the underwriters have agreed to buy on bought deal basis by way of a short form prospectus, 12,500,000 common shares (the "Common Shares"), at a price of $2.00 per Common Share for gross proceeds of $25 million (the "Offering").

Lundin revises production downward after hitting poor grades at Neves Corvo

Neves Corvo, Ludin Mining's copper-zinc mine located in Portugal, will produce 4,000 tonnes less copper and 19,000 tonnes less of zinc in 2011. The cash cost of production at the mine will also climb from $1.40 to $1.65. Neves Corvo, which accounts for most of Lundin's copper output, was expected to produce 76,000 tonnes of copper and 25,000 tonnes of zinc. The outlook has now fallen to 72,000 tonnes of copper and 6,000 tonnes of zinc. However, zinc production at the company's Irish mine, Galmoy, was expected to rise from 17,000 tonnes to 28,000 tonnes.

Ireland’s zinc mines may boom again as Xstrata buys remaining stake in Pallas Green

Xstrata Zinc Canada has agreed to purchase the remaining 23.6% interest in the Pallas Green property in Ireland belonging to its current joint venture partner in the project, Minco, for $19.4 million. Under the agreement, which is subject to Minco shareholder approval, Xstrata Zinc will become the sole owner of the project at Cahernconlish, Limerick.