Mining

According to the government, abandoned mines release at least 500 tonnes per year of toxic metals into the Welsh environment. According to Natural Resources Wales, a Freedom of Information Request revealed that 129 sites "certainly or…

Anglo American's net profit fell by 94 percent to $283 millions last year due to lower metal and diamond prices. The FTSE-100 miner suffered a disastrous year, as markets for PGMs and diamonds collapsed. It also unexpectedly lowered its…

Rio Tinto warned that costs at its iron ore mine would rise more than expected this year due to wage and part inflation. Anglo-Australian said unit costs for the Pilbara Mine in Australia, the place where the group makes most of its…

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

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…

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 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,…

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…

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,…

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 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…

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…

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…

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 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 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…

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…