The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Wednesday, 15th September 2004 (4129 views)

The Department of Enterprise, Trade and Investment (DETI) has revealed that a number of companies have applied for licenses to dig for gold in Belfast.<BR/><BR/>According to the company, several applications have been made and cover the North West region and include areas such as Derry, Omagh and the Sperrin Mountains.<BR/><BR/>It is thought the rush could be in response to some adverts the DETI released last year trying to get companies to take advantage of opportunities in the region.<BR/><BR/>The granted licenses will mean companies can conduct exploratory operations to search for minerals in areas of up to 250 square kilometres, according to the Belfast Telegraph.<BR/><BR/>Those that do obtain a license are likely to be able to mine for an initial period of two years, but then this can be increased to six years.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3434662"/>

 

« Back to Gold News stories