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Is Scotland on the brink of a gold bonanza? Cononish firm s CEO thinks so

Updated: July 19, 2021, 11:52 am Cononish gold mine in Argyll. Scotland may be on the brink of a gold boom which could create jobs and other economic spin-offs for some of its remotest areas, it has been claimed. Phil Day, chief executive of Scotgold Resources, the company behind Scotland’s only commercial gold mine, insisted the vision was no pipe dream but based on hard facts. Conjuring up images of the earliest days of the Klondike Gold Rush, in the late 19th Century, when the precious metal was discovered in a remote area of Yukon in north-west Canada, Mr Day said gold production could be transformative for parts of Scotland.

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