Connemara unable to finalise Stonepark deal

Connemara Mining — the AIM-listed mineral exploration firm chaired by businessman John Teeling — has revealed that it recently received an expression of interest in its minority stakeholding in the highly-rated Stonepark zinc and lead discovery in Co Limerick.

The Irish company said it received the approach earlier this year, but it came to nothing as the company was unable to reach agreement with the interested party.

Connemara holds a 25% stake in Stonepark, with Canadian operator Teck controlling the other 75%.