Business

Diamond mining firm launches Northern Ireland exploration after possible precious metals discovery

Karelian Diamonds has announced a Nickel-Copper-Platinum Group Metals exploration programme

Mining veteran Richard Conroy said that combined with the ongoing work in Finland “this new opportunity adds to the overall potential of the company”

Karelian Diamond Resources, the company chaired by mining veteran Richard Conroy, has announced an exploration programme in Northern Ireland after possible signs of a nickel-copper-platinum discovery.

The company told the stock market that it had begun the programme due to “anomalous amounts of chromite and forsterite olivine”, as well as other minerals, which were “suggestive of the presence of nickel-copper-platinum mineralisation”.

The company was at the time in the middle of a stream sediment sampling ...