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The corporate can also be seeking a 3-12 months extension of its planning permission from the Loch Lomond and the Trossachs National Park Authority, which has a particular meeting to think about this on 26 January. The mining company, Scotgold Assets, has began the means of reapplying for planning permission to redevelop the Cononish gold mine. Scotgold Sources, the company which plans to redevelop a gold mine close to Tyndrum, has virtually doubled its losses. Scotgold mentioned it was dedicated to exploration in other areas exterior the park and that it was more likely to attraction against the planning resolution. He stated drilling may very well be something from one mile to 15 miles from Lough Derg, but mentioned they can be sensitive to local issues. The corporate, which is headquartered in Perth, Australia, has struggled with financing, and an extension of its planning permission would assist give it time to raise the necessary finance for additional surveys and drilling. It's a tense time for the trade as the value of treasured metals has fallen sharply and 401k To gold ira mining firms have been beneath pressure to chop costs.