Europe Mining News

Scientists say mining e-waste may be an economical option

The Canadian team says recovering metals such as copper and rare earths from LED lights may turn to be an economical option soon.

Atlas Copco to split in two, appoints new CEO

The Swedish company plans to list its mining tools division by 2018 in the biggest-ever shakeup of the group, which could spark takeover interest.

Everyone wants Kate Middleton's diamond ring

Eager Chinese and Russian buyers are requesting replicas of the the sapphire and diamond engagement ring.

Europe in favour of oil sands-friendly deal with Canada

Lawmakers have voted in favour of pushing ahead with a trade deal that would allow Canadian oil sand producers to export more crude to the old continent.

DRC says Ok for Glencore to take full control of Mutanda copper mine

Mines Minister Martin Kabwelulu said he “didn’t believe” the government needed to authorize changes in ownership in that or any project.

Egypt opens gold assets to foreign companies, first time since 2009

First international tender for gold mining concessions in eight years to be held on Sunday.

Eldorado Gold output slightly below target, shares fall

Company has decided to reconfigure the plan for its Turkey-based Kışladağ mine, which is its flagship operation.

Glencore may take full control of Mutanda copper mine

The Swiss firm already has a 69% stake in the DRC mine, which jointly owns with Israeli mining tycoon Dan Gertler.

BSGR boss house arrest ends with no charges over Guinea bribery claims

The Israeli billionaire, under house arrest since Dec. 19, has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea.

Final phase of Minas Rio mine expansion a priority for Anglo — report

The company plans to invest a $308 million (R$1 billion) this year to allow the iron ore mine reach a 26.5 million tonnes a year capacity.

Tiny Australian junior gets permit for Greenland's first large new mine 

Ironbark Zinc Limited (ASX:IBG) is developing one of the world's largest lead-zinc deposits.

Eight dead, 35 injured in Congo mining hub amid anti-Govt protests

Congolese security forces accused of shooting civilians in the southern city of Lubumbashi.

Newly found ‘ghost octopods’ at risk from deep-sea mining

This as the creature lays its eggs on the dead stalks of sponges, attached to rocky crusts, which are rich in metals like manganese.

BSGR boss Beny Steinmetz arrested in Israel over Guinea bribery case

The billionaire and other Israeli businessmen are suspected of paying tens of millions of dollars to senior state officials to secure a licence for Simandou, local police said.

Centerra Gold’s presence in Turkey

Centerra Gold, a Toronto-based Canadian company, appears in the news regarding its troubles in Kyrgyzstan and its operations at the Kumtor gold mine.

Eldorado CEO Paul Wright retires, Goldcorp's George Burns takes over

Wright, who joined Eldorado in 1996 and has held several management positions prior to becoming its president and CEO in 1999, will be the company's new chairman.

Canadian mining mission to Uzbekistan

CAMESE and the Canadian Embassy to Russia are seeking your interest in participating in a mining trade mission to Tashkent, Uzbekistan on the margins of "Uz-MiningExpo-2017" trade show from March 15 to 17, 2017.

Rough diamond prices higher in 2016 as production cuts and restocking flip supply/demand

In 2016, the diamond industry has been marked by the follow-through of actions taken by De Beers, ALROSA and Rio Tinto to curtail global supply.

Mandalay Resources increases mineral resources and reserves at its Björkdal gold mine

Mandalay Resources Corporation is pleased to announce its exploration efforts in 2015 and the first three quarters of 2016 have resulted in substantially increased Mineral Resources and Mineral Reserves at its Björkdal open pit and underground gold mine in Sweden.

Zinc producer Nyrstar sells some mining assets to Glencore for $26m

The transactions are part of a broad mining assets sale process formally launched in January this year.

Nickel key to unveiling mystery of dinosaurs extinction

A nickel spike found in sediments above the spot where a giant asteroid hit the Earth some 66 million years ago, may help scientists trace segments of the celestial body that wiped out dinosaurs and 75% of all organisms on the planet.

De Beers latest diamond sales hit by India’s demonetization

The diamond producer by value sold $418 million of gems in its 10th cycle, compared with $476 million at its previous offering, which shows demand has slowed since India's withdrawal of high-value bills.

Atlas Copco to coordinate EU initiative for Sustainable Intelligent Mining Systems

Atlas Copco Rock Drills AB has been named coordinator of the European consortium on Sustainable Intelligent Mining Systems (SIMS). This mining industry initiative is funded by Horizon 2020, the biggest EU research and innovation program ever.

BSGR to file multi-billion lawsuit against Rio over Simandou

BSGR will sue Rio Tinto in the English High Court to recover losses allegedly caused by Rio's actions, which run to several billions of dollars.

Gold price forecast to soar 50 per cent up next year amid euro-zone uncertainties

Gold traders expect the price of gold to climb between 25 per cent to 50 per cent next year as a coming swarm of political uncertainties will lead investors to bet on the precious metal.