British mines attempt a comeback as commodity prices rise

Investors lured by high commodity prices are returning to the once lucrative British mining industry, but they face challenrefurbished hp300 cone crusher in the ukges ranging from financial backing to local opposition. A few old mines have reopened and other projects are on the drawing boards in the UK, where the industry in its 19th century glory days was the world's largest tin producer and was the largest employer in the country.

Rising costs and lack of rich, shallow deposits led to the demise of the industry, but the commodities boom in recent years has spurred a rethink by investors. While the number of potential revived mines is modest, it can still provide a much needed boost to local economies by creating additional jobs in a still struggling UK economy. One set of investors want to revive what was Britain's largest gold mine in Wales, the Clogau Gold Mine or the Clogau St David's Gold Mine. "When we closed the mine it had become too expensive to sustain it but with the rising price of gold, we are potentially looking at reopening the mine, either alone or in partnership," said Ken Jones, marketing manager for Clogau Gold, which previously owned the rights to the mine...