Connemara Mining strategy working despite delays, says Teeling

Connemara Mining, the exploration company owned by serial mining and whiskey entrepreneur John Teeling, may look beyond Ireland, it said.

18th June, 2014
John Teeling: “We have had millions spent by others on our ground but we have lost control of our licences.”

Connemara Mining, the exploration company owned by serial mining and whiskey entrepreneur John Teeling, will seek to raise more money this year and is considering moving its exploration activities beyond Ireland, according to a statement.

Financial results showed the company’s loss before tax was €348,199 for 2013, up slightly on the previous year. But the company said in a detailed statement that “on balance” its strategy of bringing on board larger multinational explorers to help...

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