The funds will enable the company to expand activities in south-west England and to drill exploratory boreholes to extract samples of lithium-bearing brines.
United Kingdom Mining News
Hedge-fund contrarian Crispin Odey’s bearish bets finally paid off as the stock-market selloff he had long predicted kicked in.
Broker AMT has been appointed by the LME as a liquidity provider for its steel contracts, giving a boost to the market as the first ring trader in that role.
A judge ruled that an appeal brought forward by a local resident had failed and confirmed planning consent for an underground gold mine.
"Screamingly bullish" is how analysts at Citi described the Shanghai Zinc market earlier this month.
Coal currently feeds about 27% of the world’s energy demand.
LME believes the discounts have had a positive impact on trading volumes - the mainstay of the exchange's revenue.
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.
This is a rare move by De Beers, which is famous for requiring buyers to take what’s offered.
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.
Only in the US, corrosion costs the oil and gas industry $1.4 billion a year.
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.
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.
It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.
Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.
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.
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.
Document shows a 46% increase in gold ounces at the Northern Ireland project.
Erris Resources was granted a new 100% owned gold exploration permit, Enåsen no.5, which is located in central Sweden.
The microwave version of lasers could now be used more widely in a range of applications.
The royal tradition of using a wedding band of Welsh gold started nearly 100 years ago.
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’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.
With this purchase, Graff Diamonds says it has acquired, cut and polished the majority of the top 21 largest stones of the 21st century.