Minerals expert defends valuation of Glen Ding sand and gravel reserves

A BRITISH minerals expert yesterday defended his valuation of a State-owned sand and gravel property in Co Wicklow, sold privately to the Roadstone company in 1990 for £1.25 million (€1.58m).

Minerals expert defends valuation of Glen Ding sand and gravel reserves

Roadstone extracted 5m tonnes of the 8.43m tonnes of minerals from the Glen Ding lands — although the company received planning permission for only 10% of the total 145-acre site, the Moriarty Tribunal was told.

John Barnett, a chartered minerals consultant, described how he and chartered civil engineer Kiaran O’Malley were hired by the Department of Energy to prepare a report on the property before its sale.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited