herald

Sunday 11 December 2016

Karelian to leave north Finland

exploration

Irish-listed company Karelian Diamond Resources is to abandon its fledgling plans for exploration in northern Finland.

The firm had a claim reservation on the area, which meant that it was able to do some minor preliminary work and assess whether the site was worth further development.

However company chairman Professor Richard Conroy said the firm now plans to focus on another potential development in the south of the country.

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