An increasing number of mining companies are expected to list in the UK, with many flotations and dual listings in the pipeline, according to Canaccord Capital, the Canadian investment bank.

Canaccord said in its Small Cap Mining Review: "It is interesting to note the number of larger companies now undertaking work for a secondary listing on Aim and the predominance of Canadian, rather than Australian, companies which has been the form over the last couple of years." Aim is the growth segment of the London Stock Exchange.