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 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)