The gold market has been thriving in recent years. An Australian company has announced plans to begin mining for gold near the Trossachs. Scotgold said it intended to fast-track plans to become the country's most significant gold producer after listing on the Australian Securities Exchange.
The company, which bought Cononish mine in Tyndrum in May last year, has raised millions of Australian dollars to begin operations.
Scotgold bought the mine, 90 km north of Glasgow, and other exploration licences from Fynegold Exploration. Their exploration rights cover 2,200 sq km of Central Scotland, making the firm eager to start operations on a number of gold prospects, including ready-to-drill targets along the Tyndrum Fault Zone in Glen Fyne.