Highlands & Islands

Further delay for Scots gold mine

The gold mine was previously abandoned in 1997
Image caption The gold mine was previously abandoned in 1997

Scotgold Resources which plans to mine gold near Tyndrum is facing a delay in getting planning approval.

The company first applied for approval from Loch Lomond National Park Authority more than a year ago and expected a decision this week.

However, the authority said information was missing and it could not make a full assessment of the likely effects of the development.

It has asked the company to submit more details before making a decision.

Scotgold Resources bought the abandoned Cononish gold mine in 2007.

Its parent company is Australian and has ploughed millions of dollars into the venture.

The site is known as a gold deposit but has never been commercially mined.

Earlier this year, Scotgold Resources floated on the London stock market and raised more than £700,000 towards the mine's development.

Production is expected to begin in 2011.

The Loch Lomond National Park Authority said a site visit to the gold mine would take place before any final decision was made.

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