United Kingdom Mining News

Zinc market tightness confounds bearish expectations

"Screamingly bullish" is how analysts at Citi described the Shanghai Zinc market earlier this month.

Scientists weigh call for much deeper cuts to coal pollution

Coal currently feeds about 27% of the world’s energy demand.

LME to maintain discounted carry trade fees indefinitely

LME believes the discounts have had a positive impact on trading volumes - the mainstay of the exchange's revenue.

Orion’s $407m takeover bid for Dalradian Okd

Deal gives Orion mine access to mineral rights for more than 80,000 hectares of land in Northern Ireland, which includes one of the world's top ten undeveloped gold deposits by grade.

De Beers will allow buyers to reject cheap diamonds

This is a rare move by De Beers, which is famous for requiring buyers to take what’s offered.

Dalradian shareholders back Orion Mine’s $230m takeover bid

The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.

The secret to safer oil & gas pipelines: graphene

Only in the US, corrosion costs the oil and gas industry $1.4 billion a year.

Dalradian shareholders advised to back Orion Mine’s $230m takeover bid

The offer is priced at a 62% premium to the explorer’s share price at close on June 20, a day before it was announced.

LME to launch monthly 'implied pricing' for base metals

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.

Galantas Gold jumps after hitting main vein at Irish mine expansion

It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.

New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m

Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.

U.S. tariffs "unjustified", Britain's May tells Trump on call

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.

Meghan Markle’s wedding band made with Welsh gold from historic mine

The 24-carat piece of gold given to Markle by the Queen originated at the Clogau St. David mine in northwest Wales.

Canadian explorer looking to restart Europe's last tin mine to list in London

Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.

Dalradian up on resource update for Curraghinalt gold deposit

Document shows a 46% increase in gold ounces at the Northern Ireland project.

UK-based explorer granted licence surrounding historic gold mine in Sweden

Erris Resources was granted a new 100% owned gold exploration permit, Enåsen no.5, which is located in central Sweden.

Diamonds and sapphires allow masers to operate continuously

The microwave version of lasers could now be used more widely in a range of applications.

Markle's wedding ring expected to follow royal tradition of Welsh gold

The royal tradition of using a wedding band of Welsh gold started nearly 100 years ago.

Alba wants to reopen gold mine behind three generations of royal wedding rings

Gold from Clogau St David’s mine in North Wales is behind the wedding bands of the Queen Mother, the Queen, Princess Margaret, the Princess Royal and Diana, Princess of Wales.

Patagonia Gold to pay $15 million for gold/silver project in Argentina

Patagonia’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.

Graff buys another giant diamond from Sierra Leone

With this purchase, Graff Diamonds says it has acquired, cut and polished the majority of the top 21 largest stones of the 21st century.

Archaeologists find connection between metalwork and Iron Age feasting rituals

Found during an excavation at Glenfield Park, Leicestershire, the collection is unprecedented in terms of the overall mix of findings.

Saskatchewan may set back Canada’s plan to phase out coal by 2030

One coal-fired power plant in Saskatchewan likely won't be retrofitted before 2030.

French energy company’s shares sink on falling demand and nuclear outages

EDF has been experiencing delays in restarting some of its nuclear reactors.

London Metal Exchange Week galvanised by electric dreams: Andy Home

This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.