As we published yesterday in The Sunday Times AIB was unable to answer any questions about the circumstances of the $60m loan guarantee letter. Instead the bank announced that since we published our first story on BMB and this letter the bank had begun its own investigation in to the matter.
This story came about after we received a letter to The Sunday Times asking us to investigate alleged "shifty dealings" in AIB Clifden. Such tip-offs are always welcome so by all means keep them coming. My email is mark.tighe "at" sunday-times.ie or by post: 4th Floor, Bishop's Square, Redmond's Hill, Dublin 2.
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regarding the anonymous poster with the tip off. By all means send me an email. The address is in the "about me" section on the right --->
ReplyDeleteMark
Given the troubles we are in, why have we not seen major articles on the emergence of new ZINC
ReplyDeletemines in Clare, Tipperary and Waterford, to rival the largest single mines elsewhere in the world. The largest, Antimena in Canada, or a similar name, owned by Xstrata is 37 million tonnes, and recently the same Xstrata announced 24m tonnes, in Pallas Green and an additional discovery besdie it that they are now exploring, with 20 drills now in the ground, giving a real possibility that already Pallas Green in Tipperary has surpassed this world leader mark of 37m tonnes.
Add John Teeling's Connemara Mining and a few others, like Lundin, 100 million tonnes, is at our disposal, who is asking why it is taking so long.....Xstrata recently
announced a Pallas start up in 2017, especially as the country is on it's knees and sitting on a substantial possible contributor to the 150 billion deficit. When was the last profile done about the people and the area around and under which a couple of thousand people will be employed between now and 2017 and eventually beside it a town as big as Navan and it's Tara Mines now dwarfed in size by these new discoveries, that produce billions over 20 years and feed the lives of 50000 people one way or another.