Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Perthshire gold glitters for investors

Scotgold Resources board member Chris Sangster.
Scotgold Resources board member Chris Sangster.

The first gold from a Perthshire mine has sold for more than £45,000.

The 10oz from the Cononish mine, near Tyndrum, is the first commercially mined gold extracted in Scotland and attracted intense interest from investors who were prepared to pay a massive premium for the metal.

Scotgold Resources released 10 limited edition 1oz gold rounds which sold for an average of £4,557 per oz — a premium of 378% over the current price for the metal of £953.

Each round was stamped with the Scottish gold mark of the stag’s head and has a unique serial number from the Edinburgh Assay Office and round number one was sold in the sealed bid auction for £21,003.

Richard Gray, CEO of Scotgold, said: “This unique and historic event is the first demonstration of our ability to attract a premium for Scottish gold.

“The next opportunity to show the continued support for this precious metal from the Highlands will be the conclusion of agreements with members of the Scottish jewelery trade, who appreciate the value that can be added to their products by the proven provenance of the stag’s head Scottish gold mark.

“We expect to release news of these sales in the New Year.”

It has been predicted that the Cononish mine will recover an average of 23,000oz of the precious metal over its planned eight-year life.

Australian-owned Scotgold produced its first gold in August, which was minted into the rounds by Baird & Co Bullion Merchants for the sealed bid auction.

The successful bids were – Round 1, Graham Donaldson, £21,003.03; 2 Anonymous, £3,754.00; 3 Andrew Riley, £3,000.00; 4 Jennifer Riley, £3,000.00; 5 Pat Willis, £2,650.00; 6 Sheila Fleet, £2,517.00; 7 Anonymous, £2,500.00; 8 Brian Bell, £2,500.00; 9 Anonymous; £2,355.00; 10 Ingrid Anderson, £2,300.00.