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Gold from Highlands mine to be made into Scottish jewelry

The Guardian - A small goldmine in the Highlands plans to start producing gold in commercial quantities for the first time after repeated delays.

The mine at Cononish near Tyndrum, a village on the edge of Loch Lomond national park, is expected to produce enough gold to make nearly 440 ingots and kickstart a cottage industry in Scottish gold jewellery-making this spring.

The mine, run by a company called Scotgold Resources, will be in the UK’s only working goldmine. It believes it can recover more than 175,000 troy ounces (5,474kg) of gold and 673,000oz of silver from the site.

Richard Gray, Scotgold Resources’ managing director, said it was expected that about 25% of the gold they produce will come from ore they have set aside for use by Scottish jewelers to sell at a premium price.

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