Every day, there are a whopping 5,500 tonnes ($212 billion) of gold traded in London, making it the largest wholesale and over-the-counter (OTC) market for gold in the world.
Europe Mining News
Fresh string of penalties are one of the latest signs of renewed tensions between the Kyrgyzstan government and the Canadian miner.
Ruling is one of the latest signs of renewed tensions between the Kyrgyzstan government and the miner, which have been locked in a bitter dispute over profit sharing for years.
The move by the world's largest asset manager shows increasing interest in the lithium market.
The World Diamond Council brings together representatives of the entire international diamond industry supply chain, from mining through retail.
It’s now the most expensive diamond ever sold at an auction.
If all central banks were to hold at least 5% of forex reserves in gold (versus 60%+ in rich economies) it would require the purchase of almost 8,000 tonnes
A concept born from two facts: mineral exploration is extremely capital intensive, and just 1 out of 3,000 mineralized anomalies became a mine.
Solving a problem a customer experienced when drilling in abrasive rock conditions has led to a groundbreaking new design for drill bits.
The massive Simandou project, in Guinea, is considered the world's biggest untapped iron ore deposit.
Australia's Prairie Mining has confirmed its intention to open a coal mine in southeast Poland by 2023, saying it was confident the $632 million (558 million euro) project would be profitable, a report said Monday.
The deal, due to close in July, will make ICBC Standard the only Chinese bank to operate a vault in London.
The deal marks the end of Eldorado’s reign in China.
Shares in Europe's second-largest copper producer jumped as much as 4.7% on Monday after posting earnings at overseas units that helped the Polish miner beat analysts estimates for the first-quarter profit.
Negative interest rates and slow growth have fuelled investors' demand for gold in record-breaking fashion.
Silver nanowires can be used to produce flexible screens in a cheaper, less energy-intensive manner, a new study shows.
Glencore's boss has consistently spanked his competitors for wasting and ultimately popping the now deflated long resources boom through a suicidal splurge on growth that took no account of demand and pricing.
Ancient bronze tools unearthed in Sweden were made using copper from the Mediterranean, showing there was trade between the two cultures, archeologists have found.
The miner, along with fellow Russian firms Rosneft, VTB Bank and Bashneft are among the most likely candidates for privatization this year.
The report considers how the use of coal contributes to affordable energy prices, and allows broader access to electricity and improved industrial competitiveness of economies in various regions.
When the conference at Euro Mine Expo starts on the 14th of June, Skellefteå, Sweden, it is with a quite unique speaker list compared to mining conferences in general.
The company has been awarded first place in the Best Performance Supplier category in the mineral processing segment for the fifth consecutive year
New report says mining and metals companies set to default on debt at more than three times the historical rate going back to 1983.
The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.
The record sale is likely to ramp up speculation about how much a second Lucara diamond — the "Lesedi la Rona" — will fetch at auction next month.