Lundin expects Galmoy update

Lundin Mining, the owner of the Galmoy mine in Kilkenny, says it expects to be able to update shareholders by the end of this…

Lundin Mining, the owner of the Galmoy mine in Kilkenny, says it expects to be able to update shareholders by the end of this month on discussions to sell all or part of the company, but cautions that a deal is not a certainty.

“I think we should be in a position to give a pretty good update come the end of this month and give some indication in terms of which direction we are heading,” chief executive Phil Wright said. – (Reuters)

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective