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Mining
Glencore shutters nickel mine
Glencore has stopped its Koniambo Nickel project in New Caledonia after investing $4 billion since 2013 without making a profit.
The FTSE-100 miner and commodities dealer said that it would cease operations on the South Pacific island…
MetalNRG PLC Secures £223,000 via Convertible Loan Notes for Financial Enhancement
MetalNRG PLC Secures £223,000 via Convertible Loan Notes for Financial Enhancement
Investor Alert: Upcoming Field Season: First Class Metals Big Moves in 2023
In this insightful interview, Mark Sale., CEO of First Class Metals, sheds light on the current investor concerns and outlines why First Class Metals is a compelling buy now. Recorded amidst volatile market conditions, Mark discusses the…
The Impact of a Shrinking Jobs Market on Recruitment Companies
Discover how a shrinking jobs market is impacting the recruitment industry, as PageGroup issues a profit warning. Explore the broader economic context and implications for job seekers and businesses.
After 27 years of failures and scandals, the world’s largest mining project will finally…
After 27 years of delays, setbacks, and scandals, the world's largest mining project - a $20bn iron, rail, and port development in an isolated corner of West Africa - is expected to begin this year.
In 1997, Rio Tinto, listed in the UK,…
The Golden Opportunity: Victoria’s Rich History and Geology
Gold mining holds a deep historical significance in Victoria, dating back to the mid-19th century. The discovery of gold in this region sparked one of the largest gold rushes in history, attracting prospectors from around the world. This…
ECR Minerals Unveils Gold Vein Discovery at Creswick
The interview reports a groundbreaking discovery with ECR Minerals as they unveil a significant gold vein at our Creswick project. With a dedicated team, led by Technical Director Adam Jones, has expertly navigated the Davy Road prospect,…
CUFI on Track: Lithium and Rare Earth Drilling 2024
Embark on an insightful journey with CUFI CEO Mark Hancock as he unveils the company's strategic roadmap for the anticipated North Dam Lithium and ReDrilled program scheduled for March 2024.
Analysts say that Anglo American, a miner, could be a target for takeover.
Analysts believe that the mining company Anglo American may become a target for a takeover after it warned of lower than expected production.
After a brutal week, the shares of the London-listed firm rose by nearly 1% on Monday to…
Hummingbird’s CEO Unveils Plans for 200K Ounce Yield
Discover how Hummingbird's strategic moves are positioning them as a formidable player in the mining sector, with a multi-asset, multi-jurisdiction presence that sets them apart in the London small cap scene. Betts delves into the market's…
Mining giant Glencore rejects London’s coal listing with a $7 billion deal
Glencore is the latest company that has snubbed the London Stock Exchange. The company confirmed plans to list its coal division in New York after it announced that it would spin off the business.
The FTSE 100 miner has announced…
UK immigration advisers demand tighter rules for foreign workers
The UK's immigration advisers have called on the government to abolish one of the most popular routes for employers to hire foreign workers in industries with chronic staff shortages.
The Migration Advisory Commission, which is…
Cornish Lithium receives investment from UK Infrastructure Bank
Cornish Lithium secured its first investment through the UK Infrastructure Bank, a major boost to the company as well as Britain's hopes for a domestic mining sector for this metal that is crucial for the transition to electric cars.…
WeWork Raises “Substantial Doubt” About the Business’s Survival
WeWork Inc. stock plummeted by more than 25 percent in extended trading, after the company said there is "substantial uncertainty" about its ability continue to operate. The company said it had sustained losses and cancelled memberships for…
The ‘white hydrogen’ under our feet is a limitless source of energy that could soon…
A disruptive technology that comes out of nowhere every few years completely changes the future of global energy systems, slamming us into our awareness like a loud thunderclap.
Around 2009-2011, shale fracking was a major…
Gupta, a metals tycoon, claims Trafigura “devised” a $590mn nickel scam
In his defense, Prateek Gupta - the businessman Trafigura accuses of being the mastermind behind a $590mn Nickel Fraud - has stated that the global commodity trading company "devised" and "proposed" the scheme.
Gupta’s defence alleged in…
BHP and Vale, two mining giants, square off in court
Next week, two of the biggest mining companies in the world will face the High Court as part of a class action lawsuit that could result in fines of up to £36 billion. This is due to their involvement in a mine disaster which killed 19…
The search for earth’s precious minerals is about to expand.
The world's largest mountain range appears as flat as a pancake from sea level.
The ridge of mountains and valleys that snakes from north to south is longer than both the Andes Mountains and the North American Cordillera, and in some…