Industry News
Britain targets Russian gold, oil sectors in new sanctions
Britain on Wednesday imposed sanctions on 29 individuals and entities in Russia's gold and oil sectors, as it targets the Kremlin's finances supporting the war in Ukraine.
Region
United Kingdom
177 published stories in this archive.
Industry News
Scottish gold and silver miner on brink of collapse
THE company which runs Scotland’s only gold and silver mine is on the brink of collapse, putting the future of around 80 jobs at risk.
Industry News
Fresh calls to scrap Cumbrian coalmine amid steel industry’s green push
UK’s coal-hungry blast furnaces likely to be replaced, making economic case for mine ‘dead in the water’ says local MP
Companies & Organisations
Fresh calls to scrap Cumbrian coalmine amid steel industry’s green push
News of the likely closure of the UK’s steel blast furnaces has prompted calls for the government to reconsider approval for a controversial Cumbrian coalmine that had been planned to supply the industry.
Policies and Regulation
UK announces support for moratorium on deep sea mining
The moratorium seeks to suspend exploration rights for the mining of critical minerals and precious metals from below the seabed by the ISA.
Industry News
HSBC takes stab at using blockchain to modernize London’s antiquated gold market
One of the world’s top bullion banks is bringing blockchain to the antiquated London gold market.
Industry News
UK backs suspension of deep-sea mining in environmental U-turn
Thérèse Coffey says data will be gathered on impact of emerging industry and UK will not support licences in meantime
Industry News
South Crofty: Work begins to remove water from tin mine
Work is under way to pump millions of litres of floodwater out of a former tin mine in Cornwall.
Industry News
Scottish gold mine owner Scotgold in new talks
Scotgold Resources, which has been developing Scotland’s only gold mine at Cononish in Argyll, has revealed it is in discussions with a new “strategic investor” which could enable it to continue as…
Industry News
Cornish Tin granted royal approval for gold search as part of Cornwall’s mining revival
Cornish Tin has been granted permission by the King to search for gold and silver as part of a revival of Cornwall’s mining industry.