{"id":15970,"date":"2026-01-26T22:12:23","date_gmt":"2026-01-26T22:12:23","guid":{"rendered":"https:\/\/microvibenews.com\/?p=15970"},"modified":"2026-01-26T22:12:23","modified_gmt":"2026-01-26T22:12:23","slug":"scotlands-gold-mine-restarts-as-price-hits-record-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=15970","title":{"rendered":"Scotland&#8217;s gold mine restarts as price hits record \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2.png\" alt=\"Scotgold Cononish mine\" class=\"wp-image-112207 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"1392\" height=\"914\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2.png\" alt=\"Scotgold Cononish mine\" class=\"wp-image-112207 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2.png 1392w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2-600x394.png 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2-300x197.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2-1024x672.png 1024w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2021\/04\/Cononish-2-768x504.png 768w\" sizes=\"(max-width: 1392px) 100vw, 1392px\"\/><figcaption class=\"wp-element-caption\"><em>Scotgold fell into administration two years ago<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Scotland\u2019s only goldmine has restarted production, two years after its previous owner became insolvent.<\/p>\n<p class=\"has-medium-font-size\">The mine at Tyndrum, close to Loch Lomond, was acquired last year by the South Africa-based Acrux Gold\u00a0which has hired more than 60 permanent staff.<\/p>\n<p class=\"has-medium-font-size\">The team has been encouraged by the price for gold which today hit a record $5,110 as investors seek refuge amid escalating global tensions. It has risen by 18% so far this year after a 64% jump in 2025.<\/p>\n<p class=\"has-medium-font-size\">Resumption of operations at Tyndrum last month has been accompanied by investment in equipment. The company\u2019s ambition is to produce 2,000 ounces a month.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds.png\" alt=\"First rounds from the Cononish mine\" class=\"wp-image-34377 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1818\" height=\"1034\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds.png\" alt=\"First rounds from the Cononish mine\" class=\"wp-image-34377 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds.png 1818w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds-600x341.png 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds-300x171.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds-768x437.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/11\/ScotGold-first-rounds-1024x582.png 1024w\" sizes=\"(max-width: 1818px) 100vw, 1818px\"\/><figcaption class=\"wp-element-caption\"><em>First rounds from the Cononish mine in 2016<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">The previous company, Scotgold Resources, went into administration in November 2023.<\/p>\n<p class=\"has-medium-font-size\">Acrux has further plans for Scotland and has formed a joint venture with Western Gold Exploration, a firm listed on the TSX Venture stock exchange in Canada. <\/p>\n<p class=\"has-medium-font-size\">It will look at exploration for gold, silver and critical minerals in central Scotland, focusing on areas near the Cononish mine.<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Scotlands #gold #restarts #price #hits #record #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scotgold fell into administrat&hellip; <\/p>\n","protected":false},"author":1,"featured_media":15971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[10570,266,10571,265,158,10572,3462,100,314,10574,10573,8020],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/15970"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15970"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/15970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/15971"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}