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In pictures: The Falklands economy
All that glitters

Onshore, there is hope gold will be found. Falkland Gold and Minerals(FGML), which has the licence to explore, started drilling in 2005.

Geologist Mark McCulloch said the peaty landscape was challenging: "It's like a carpet, so what we are looking for is a bit of a needle in a haystack."

A subsidiary of the Falkland Islands Company, a dominant force there since the 19th Century, recently sold its 14% stake in FGML.

"It could be egg on their face, it could be a good move. No-one knows."

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