UK Mining News

Coal power set for one last hurrah

Britain's remaining coal-fired power plants could enjoy an 11th-hour revival in the early 2020s despite the Government’s drive to cut carbon emissions, if ministers choose not to risk raising household energy prices.

About a third of global concentrates now registered to trade on this new exchange

Open Mineral Exchange has managed to attract mining companies and smelters wanting to cut out the middlemen and save cash on deals for concentrates.

UK Labour leader says he'll invest in former mining towns and steel industry

Jeremy Corbyn, whose Labour Party came second in the 2017 UK general election, has reached out to communities hit hard by the downtown in the coal and steel industries.

UK coal use drops to 135-year low

Once the engine of the Industrial Revolution rooted in the UK, coal is now less popular than ever as an electricity source.

UK lithium start-up gets $1.3 million to build new mine in Cornwall

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

Former Glencore traders launch concentrates trading platform

The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.

Randgold schedules Massawa project for feasibility finalization

Company will make final decision on its development by mid next year.

Work starts on controversial North York Moors national park potash mine

Park authority confirmed Sirius Minerals has started building its mine.

INFOGRAPHIC: The numbers behind the world's closest trade relationship

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Loulo-Gounkoto sets sights on another big year as Morila legacy project takes shape

The Morila operation continues to deliver value in its post-mining phase while progressing plans to develop the site into a commercial agricultural hub after its closure in 2019, Randgold Resources chief executive Mark Bristow said at an on-site media briefing today.

Galantas Gold plummets as it halts Irish mine expansion on terrorism fears

The miner had to put its plans on hold because the Police Service of Northern Ireland said it cannot secure daily anti-terrorism cover for its blasting operations at Omagh gold mine.

Potash producer Belaruskali to make new kind of fertilizer — report

The company is also said to be mulling a number of investment projects involving a Chinese chemical company.

Galantas Gold soars on news of Irish mine expansion

After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.

Britain's CO2 emissions at levels not seen since 1894

Emissions of carbon dioxide from coal fell 50 per cent in 2016 as use of the fossil fuel dropped by 52 per cent, contributing to an overall drop in carbon output of 5.8 per cent last year compared with 2015.

Denmark's largest energy firm to ditch coal by 2023

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 use in Europe on its way out — report

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.

Randgold resumes Tongon mine operations after deal with workers

Employees who had staged an illegal sit-in at the mine returned to work Wednesday after management and authorities reached a deal with them, the company said.

Randgold Resources hit by illegal sit-in at Tongon mine

Company said talks are underway to stop an illegal sit-in that started last week by some employees demanding annual ex-gratia payments.

London Metal Exchange boss steps down after divisive year

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.

This start-up plans to be a top lithium miner in the UK

Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.

Gold’s slim price recovery this year boosts supply fears

Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.

Billion-pound cash infusion clears path for UK potash mine

The chances of a potash mine taking shape on the Yorkshire moors just got a whole lot better, thanks to a major financing.

Randgold, Newcrest join forces to explore Ivory Coast for more gold

The new venture is part of Randgold's ambitious plan to discover three new deposits in the next five years.

US Presidential election forecast 2016 – will America vote for BrExit freedom?

It's the 2nd of November and not just America but the whole world is counting down to the US election day.

Randgold eyes three new mines as higher gold prices boost profit 55%

The gold miner also expects to be in a position to increase dividends by the end of the year.