There’s Gold In Them Hills

Published February 28, 2013

Drilling in the Þormóðsdal area of Mosfellsbær has long suggested that there is gold in the ground, but a recent re-analysis of the quantity shows that the area may be richer in the precious metal than previously believed.
The estimated quantity of gold per tonne of rock was thought to be just 100 grams, but new tests have revealed that 400 grams of gold per tonne of rock is more likely, mbl.is reports.
Director of the Innovation Center Iceland, Þorsteinn Ingi Sigfússon, will be discussing the prevalence of gold in Iceland’s geothermal rocks at the Center’s annual meeting tomorrow. Meanwhile, British experts reviewing the new data and the distribution of gold in the region will explore the idea of pursuing gold production operations.



News
MP To Make Millions Off Fishing Bill

MP To Make Millions Off Fishing Bill

by

The wife of a Progressive MP stands to make millions from a bill her husband is partially responsible for crafting.

News
Artist Dumps Red Dye In Geyser

Artist Dumps Red Dye In Geyser

by

Tourists greeted with the sight of Strokkur erupting in a bright pink colour have apparently seen the latest work by

News
Unemployment Continues Yearly Decline

Unemployment Continues Yearly Decline

by

Unemployment in Iceland for the month of March is now at 4%, down by over 2% from this time last

News
Snoop Dogg! Playing A Gig In Iceland! This July!

Snoop Dogg! Playing A Gig In Iceland! This July!

by

International hip hop superstar and emissary of cool, Calvin Cordozar Broadus Jr., aka. Snoop Dogg, is returning to Iceland to

News
Dagur Kári’s ‘Virgin Mountain’ Wins Top Prizes At Tribeca, Gunnar Jónsson Named Best Actor

Dagur Kári’s ‘Virgin Mountain’ Wins Top Prizes At Tribeca, Gunnar Jónsson Named Best Actor

by

Director Dagur Kári’s latest film, Virgin Mountain dominated New York’s Tribeca Film Festival last night, taking the prize for the festival’s world

News
It’s Birch-Tappin’ Time

It’s Birch-Tappin’ Time

by

That time of year is upon us again: when Icelandic birch trees will be tapped for the delicious and purportedly

Show Me More!