Europe Mining News

Climate ideals clash with coal realities at Polish-led U.N. talks

Coal bosses see a need to address climate risk, but say Poland must use thermal coal for electricity until it has a better option.

Bacanora Lithium seeks listing of German unit in 2019

The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.

OK2 buys three mines in Scandinavia

Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.

Greece seeks to avert nickel producer Larco shutdown

Larco, which is 55% owned by the Greek state, owes about 280 million euros in unpaid electricity bills to state-controlled power utility Public Power Corp.

Germany secures access to world's second-largest lithium deposit

The partners expect to produce up to 40,000 tonnes of lithium hydroxide per year beginning in 2022.

Eurasian Resources wants to keep children out of mining in the DRC

The miner joined forces with international development organization Pact.

ArcelorMittal urges extended, reformed EU caps on steel imports

It is "absolutely critical" that Europe protect itself with measures to restrict imports of steel and remedy weaknesses in its existing system.

Big coal wants consumers to pay for fixing its pollution problem

"CCS is a get-out-of-jail card and a great business opportunity,” - Michael Liebreich, founder of Bloomberg NEF research group.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Canadian miner granted exploration permit in Spain

Pan Global Resources can now drill the Escacena gold/copper/zinc prospect in the Iberian Pyrite Belt.

Importance of rare earth metals mining makes it into COP24

Experts agree that resources are the missing link in the climate debate.

Melting gold at room temperature is a thing now

The discovery came as a fluke.

Vale doubles down on nickel ahead of EV revolution

Vale needs to sort out once and for all its problem child, Goro, and keep its fingers crossed that Tsingshan's announcement is, for now at least, "just talk".

EU's largest coking coal producer seeks growth through acquisitions

Poland's ambitions to invest in coal have stirred outrage at U.N. climate talks taking place in Katowice.

Gold-backed ETFs up on stock volatility in November

Gold-backed ETFs registered inflows in all the world's major regions in November, as volatile stock markets fueled flight-to-safety buying.

International Lithium estimates 25-year mine life at Mariana JV with new study

The project, located in Salta, Argentina, could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Boreal completes drill campaign at Norway copper-gold project

The campaign was carried out at the Burfjord project, located near Kåfjord, in northeastern Norway.

Management shake-up at Glencore costs copper chief Mistakidis his job

Company veteran and coal chief Peter Freyberg, has been appointed as the head of industrial mining assets, a newly created role.

Germany's miners get shafted as coal power survives on imports

The 150-year-old Prosper-Haniel site — shuts in December.

AMT to become first LME ring trader as ferrous liquidity provider

Broker AMT has been appointed by the LME as a liquidity provider for its steel contracts, giving a boost to the market as the first ring trader in that role.

UK explorer makes high-grade silver discovery in Ethiopia

The discovery was made at the Daro project, located in the Tigray Regional State of northern Ethiopia.

Russia sets aside 10B roubles to buy aluminium

Russia makes a move to support sanctioned aluminium producer Rusal.

'Passionate' electric car owners to drive growth, Shell says

Social desirability is important enough for consumers to ignore that battery-powered technology is currently more expensive than internal combustion engines.

Eldorado Gold’s Bolcana project has 6.5m ounces of gold

The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields between 2002 and 2004.