GEOPOLITICAL
flagbearer for UK mining for centuries ) still in operation , but rather to focus on a new swathe of projects , minerals , methods , investments , and jobs that could potentially arrive as a result of new technology and innovative ways of working .
Exploring some of the macro reasons for the uptick in mineral asset development activity in the UK shows the industry is looking healthier than it has for a considerable period of time . petition rang the death knell for many UK mines over 35 years ago , with the closure of the last deep coal mine in 2015 ( Kellingley Colliery ) seeming to signal the end of the UK ’ s mining industry . However , a closer look reveals a relatively healthy pipeline of projects currently on offer , due ironically in part to a rejection of globalisation and a general upsurge in protectionist culture . This is not to dismiss the enduringly robust construction and industrial mineral quarry sector or the several soft rock and thermal coal mines ( the
GEOPOLITICAL
Against the backdrop of a looming , undefined Brexit , and prevailing uncertainty regarding foreign investment and job security , there ’ s no doubt the current political climate will benefit any major UK development project seeking support - be it from a funding , tax incentive or permitting perspective ; even if the gloomy predictions of economic disaster are not borne out . The government is likely to increase public sector spending as well as sweeten investment incentives for the foreseeable future ; particularly for parts of the country that are defined as economically deprived ( less developed ) and therefore currently qualify for EU grant
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