New jobs as Northern Ireland prepares for gold rush?

Hundreds of jobs could be created in Northern Ireland after a gold mining project received a significant cash boost.

Sperrin Mountains: Is there gold in them thar hills?

The Financial Times reports that Dalradian Resources has applied for permission to develop a mine in the Sperrin Mountains, County Tyrone.

And the plans have moved a step closer after two investment groups injected a total of £45m into the project.

If given the go-ahead, the development could help to transform the local area, which is one of the poorest in the UK.

The development faces hurdles, however. The proposed site sits in an area of outstanding natural beauty, and politicians have raised environmental concerns.

Dalradian CEO Patrick Anderson said he expects the approval process to take about two years.

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