Mining for gold could profit government and create jobs

Wed, 01 Oct 2014

Government could receive royalties if a gold rush is found following surveys by an Isle of Man-based mining company.

That's according to senior manager for energy policy Dr Ken Milne - who says scans will soon be conducted by helicopter before land samples are taken.

The commodity price for gold and silver has increased over the last few years - an opportunity that Isle of Man Mining Ltd. is looking to exploit.

Dr Milne says it has real potential to benefit the economy: