…Researched and contributed by Enitan Thompson.
The UK has significant underground mineral deposits which are necessary for the production of future technology such as smartphones, electric cars, batteries and wind turbines.
According to the British Geological Survey, almost all of the critical minerals needed to support the economy are buried beneath Britain.
![A new 'Gold Rush' could be about to hit (stock image)](https://i0.wp.com/i2-prod.dailystar.co.uk/incoming/article29746860.ece/ALTERNATES/s615b/0_Quarry-Site.jpg?resize=615,374&ssl=1)
The survey has sparked a modern-day ‘Gold Rush’ in the UK, with rival companies searching for potential mining sites in areas like Cornwall, Durham, Plymouth, and Aberdeen.
Some companies are even competing to find lithium in Cornwall, while others are drilling for tungsten in Plymouth.
These minerals are currently imported from China, which makes it sensible to have a diverse supply in terms of both number and geography.
Commentary:
The British Geological Survey report is significant because it confirms that the UK has vast mineral resources that have not yet been fully explored.
As a result, there is a great opportunity for mining companies to invest in the UK and create jobs for local communities.
![Rival companies are fighting over lithium stock for batteries in Cornwall (stock image)](https://i0.wp.com/i2-prod.dailystar.co.uk/incoming/article29746867.ece/ALTERNATES/s615b/0_Iphone-theft.jpg?resize=615,822&ssl=1)
However, it is also important to balance the economic benefits of mining with the potential environmental impact that may arise from it.
Companies need to ensure that they operate in a responsible and sustainable manner to avoid damaging the environment and local communities.
On the other hand, not all areas in the UK may be as prosperous in terms of mining potential.
The Daily Star reports on a “filthy alley” in Bond Street, which is filled with broken glass and used furniture.
Residents are shocked and have even labeled it a “disgrace”.
It is unlikely that gold can be found in this alley, and it is a reminder that not every area in the UK has valuable mineral resources.
Commentary:
The article provides a stark contrast between the potential wealth and opportunity that mining can bring to certain areas in the UK, versus the reality of other areas that may not be as fortunate.
It is important to consider the impact of mining on local communities and the environment, and ensure that responsible practices are in place.
This will not only benefit the economy but also the people who live in the areas where mining takes place.