Ciarán Lynch (Cork South Central, Labour)
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Question 70: To ask the Minister for Communications, Energy and Natural Resources if he will expand on reports that a mine (details supplied) had discovered additional resources which had the potential to extend the life of the mine; and if he will make a statement on the matter. [10519/09]

Seán Power (Kildare South, Fianna Fail)
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I am not aware of the reports referred to by the Deputy. In response to previous Dáil questions it has been stated that exploration adjacent to the base metal mine at Galmoy, County Kilkenny (Galmoy Mines Ltd.) had discovered additional resources, which had the potential to extend the life of the mine. New State Mining Licences had been granted to the company in respect of these additional resources between 2002 and 2005 under which minerals have been worked together with ore from the original licence granted in 1995. In the current economic climate, the company has decided that mining operations could not proceed particularly with the dramatic fall in metal prices since early 2008 and continuing losses at the mine.