Irish prospector Karelian Diamonds eyeing Finland mine

Irish prospector Karelian Diamonds is eyeing the prospect of developing its first commercial diamond mine in Finland after acquiring a mining permit from local player A&G Mining for €150,000.

Karelian — a sister company of Conroy Gold and Natural Resources — is solely-focused on the Finnish market, but its licences are mainly concentrated on the Russian border region.

The deal with A&G gives it rights to the Lahtojoki diamond project in the centre of the country.