Open Mineral Exchange has managed to attract mining companies and smelters wanting to cut out the middlemen and save cash on deals for concentrates.
United Kingdom Mining News
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.
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.
Tiny flecks of gold could be used in the fight against cancer
The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.
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.
The court said it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem.
Successful water treatment trials could see final permits to restart Cornwall mine issued before the end of the summer says Vancouver junior Strongbow.
After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.
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.
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.
With this deal, Rio has now agreed to more than $1.3bn in divestments this year.
Locals oppose to the Dalradian Resources' plans to build a processing plant at its Curraghinalt project, which will use cyanide to extract gold.
Banks Group’s Highthorn coal mine would provide about 100 jobs during its five-year operation, with no mining activity planned within 500 metres of Druridge Bay beach.
Expert says coal-fired generation may remain a key part of Britain's energy supply for longer than planned.
Vancouver junior will start environmental work in September at South Crofty mine in south-west England where mining dates back to the Bronze age.
Transactions on the Mint’s bullion website increased by 25% during the first week of August and there was a 50% weekly jump in sales of gold bars and coins after August 4.
Traders are momentarily based at a windowless disaster-recovery site in Chelmsford, east of London.
Silver prices rose Monday as much as 6.9% to an intraday peak of $21.132 an ounce, its highest value since July 2014.
Endeavour holds groundbreaking ceremony to mark the start of Hounde construction with President of Burkina Faso
The ceremony celebrated an important milestone for both Endeavour and the government of Burkina Faso, as Hounde is expected to become the Company's flagship low-cost mine and a prominent mine within the country.
Elevated demand has translated into a 150% increase in revenue for Britain's official producer of gold and silver coins and bars.
Pensioners allowed to buy some of the Royal Mint's gold reserves for the first time.
Martin Abbot says brokers are unhappy with the exchange's new fees as well as the sense that the LME is moving away from its traditional metals trading roots.