• HSBC

Abu Dhabi firm strikes gold in Sweden

  • United Arab Emirates: Monday, December 14 - 2009 at 11:37

Abu Dhabi's Royal Falcon Mining, a wholly owned subsidiary of PAL Group, has announced it has confirmed the presence of very high-grade gold and broad zones of gold-copper-bismuth mineralisation near the Swedish capital, Stockholm. The drilling operation started during August this year near the historical mining centre of Falun, which was first mined in around 700 AD, before closing in 1992 after operating for more than 1,400 years.

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