The company's stock fell to its lowest in more than a year — likely a market reaction to the higher funding costs and dilution from the share placing.
England Mining News
The company has found in BayWa, a Germany agribusiness, a partner that will distribute the fertilizer Sirius plans to produce from its Woodsmith mine in Europe.
West Cumbria Mining plans to open the country’s first new deep coal mine is a step closer after councillors in the English county of Cumbria unanimously approved the project.
The Woodsmith mine will be one of the world’s largest in terms of the amount of resources extracted — It's set to generate an initial 10 million tonnes per year of polyhalite, a form of potash used in plant fertilizers.
Strongbow Exploration plans to bring the mine back into production following a proposed dual listing on London's AIM market.
The U.K. is currently just one of six EU countries allowed to import and export rough diamonds. Once stones enter Belgium and Portugal, they’re then free to move around the region.
No one will be taking alumina for granted any more.
Alkane’s Board has approved the development of the underground mining operations at its Tomingley Gold Operations.
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
The London-based oil major has made the highest offer for the assets, which BHP prefers selling in a single package.
Shares in Sirius Minerals (LON:SXX) were off to the races on Wednesday after it announced it had secured a major seven-year African supply deal.
The leaders spoke for the first time since the announcement in a 30-minute call and agreed to discuss the issue further at the G7 summit in Canada later this week.
The 24-carat piece of gold given to Markle by the Queen originated at the Clogau St. David mine in northwest Wales.
Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.
Britain plans to phase-out coal use at its power stations by 2025 as a part of its efforts to meet its climate targets.
Securing the debt will be the final milestone to bring the York project into production.
This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.
Open Mineral Exchange has managed to attract mining companies and smelters wanting to cut out the middlemen and save cash on deals for concentrates.
Juniors have been increasingly active in Mali, regarded as a relatively stable jurisdiction, where Legend has a portfolio of gold projects and licences covering nearly 400 square kilometres.
The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.
Park authority confirmed Sirius Minerals has started building its mine.
The company is also said to be mulling a number of investment projects involving a Chinese chemical company.
Coal consumption had been cut by 73% since 2006, Dong Energy said, and its power stations would replace the fossil fuel with sustainable biomass.
Coal generation in Europe is falling and will continue to do so due to competition from cleaner energy sources and governments efforts to cut emissions, a study by The Economist Intelligence Unit (EIU) shows.
Jones will leave his current position at the exchange and serve as an adviser until the end of this year, according to a statement from Hong Kong Exchanges & Clearing Ltd, which owns the London bourse.