Europe

UK legislators call for an end to forced labour in Eritrea mines

Cecilia Jamasmie | December 19, 2014
UK legislators call for an end to forced labour in Eritrea mines

According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.

Liebherr's mining division sees turnover dip

Cecilia Jamasmie | December 19, 2014
Liebherr's mining division sees turnover dip

The German equipment manufacturer expects it to drop by at least 4.5% this year, about $317 million less than in 2013.

Russian miners find rock containing 30,000 diamonds

Cecilia Jamasmie | December 18, 2014
Russian miners finds rock containing 30,000 diamonds

Unearthed at Alrosa's Udachnaya diamond mine, it was later donated for study as the diamonds it contained were pretty much worthless as gems.

Judge turns down Vale bid to dismiss Rio Tinto lawsuit in U.S.

Cecilia Jamasmie | December 18, 2014
Judge turns down Vale bid to dismiss Rio Tinto lawsuit in U.S.

The court said Vale had failed to convince him to dismiss the case in which it is accused of conspiring to steal Rio's rights for part of iron ore reserve potentially worth billions.

EU spares Canadian oil sands the ‘dirty fuel’ label

Cecilia Jamasmie | December 17, 2014
EU spares Canadian oil sands the ‘dirty fuel’ label

The vote of the full plenary was prompted earlier this month when the EU's environment committee rejected a deal worked out after more than two years of lobbying by Canada.

Deep-sea mining pioneer now hunts for resources in space

Cecilia Jamasmie | December 16, 2014
Deep-sea mining pioneer now hunts for resources in space

Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.

INFOGRAPHIC: How to ensure your diamond is conflict free

MINING.com Editor | December 16, 2014
INFOGRAPHIC: How to ensure your diamond is conflict free

Jeff Gear, the owner of Gear Jewellers Dublin, submitted this infographic that explores the realities of the blood diamond industry.

UK company sells gold, silver refineries after 162 years

Frik Els | December 15, 2014
UK company sells gold, silver refineries after 162 years

Johnson Matthey sells refineries in US and Canada to metal recycler for $184 million in cash.

China’s nuclear giant grabs majority stake in UK wind farms

Cecilia Jamasmie | December 15, 2014
China’s nuclear giant grabs majority stake in UK wind farms

The deal marks China General Nuclear Power's first big acquisition of onshore wind generating capacity in the west.

More insane pictures of Russian potash mining destruction

Vladimir Basov | December 11, 2014
More insane pictures of Russian potash mining destruction

Two large cities in Russia's Perm region sit on potash mines worked for the past 70 years that cause sudden surface subsidences and sinkholes 400m across.

Here is what India needs to effectively manage gold demand — interview

Cecilia Jamasmie | December 11, 2014
Here is what India needs to effectively manage gold demand — interview

Somasundaram PR, Managing Director of the World Gold Council India, peels back the underlying weakness of India’s gold trade in an interview with MINING.com.

Alrosa strenghtens ties with India

ALROSA | December 11, 2014

Russian diamond giant ALROSA and Indian Gem&Jewellery Export Promotion Council (GJEPC) co-organized the World Diamond Conference in New Dehli, India.

Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

Cecilia Jamasmie | December 11, 2014
Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.

Hochschild slashes management pay, turns chairman into non-executive

Cecilia Jamasmie | December 10, 2014
Hochschild slashes management pay, turns chairman into non-executive

The miner has set out changes to the chairman's role and, as part of its on-going cost cutting program, is further cutting board pay.

Glencore’s Glasenberg slams top iron ore producers once again

Cecilia Jamasmie | December 10, 2014
Glencore’s Glasenberg slams top iron producers once again

In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP Billiton.

Diamond demand, prices set to soar in next decade

Cecilia Jamasmie | December 9, 2014
Diamond demand, prices set to soar in next decade

Financing and marketing are two of the key challenges the industry will have face when trying to keep the global diamond market growing.

This is why India needs a gold policy — WGC

Cecilia Jamasmie | December 9, 2014
This is why India needs a gold policy — WGC

There are at least seven good reasons, says the World Gold Council.

Anglo American struggling to meet targets, mulls coal assets sale

Cecilia Jamasmie | December 9, 2014
Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

From Babylon to beyond – human rights development in mining

Wardell Armstrong | December 8, 2014
human-rights-from-babilon-to-beyond

Whether it’s the development of a new mine in Central Africa or fracking in the English Home Counties, the scope for complex and sensitive human rights issues to arise is very real.

Trafigura bullish on strong results, hands $885m to top executives

Cecilia Jamasmie | December 8, 2014
Trafigura bullish on strong results, hands $885 to top executives

The buyback was revealed in the company’s annual report, which showed improved operating profits in spite of difficult market conditions in the last two years.

Swedish iron ore miner Northland Resources goes bankrupt

Cecilia Jamasmie | December 8, 2014
Swedish iron ore miner Northland Resources goes bankrupt

Affected by anemic iron ore prices, the Swedish firm joins an increasing number of miners that have fallen by the wayside.

Forget ‘NewCo’: BHP Billiton spin-off named South32

Cecilia Jamasmie | December 8, 2014
Forget ‘NewCo’: BHP Billiton spin-off named South 32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

Sandvik relocates global equipment unit to India and China

Cecilia Jamasmie | December 5, 2014
Sandvik relocates global equipment unit to India and China

The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.

Canadian miners find 'pot of gold' in Ireland

Cecilia Jamasmie | December 5, 2014
Canadian miners find 'pot of gold' in Ireland

It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.

Putin seeks to boost Russian diamond trade through India

Cecilia Jamasmie | December 5, 2014
Putin seeks to boost Russian diamond trade through India

The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.

Walsh: My 'amazing' Rio turnaround 'will be a Harvard case study'

Frik Els | December 5, 2014
Sam Walsh: My Rio turnaround 'will be a Harvard case study'

Rio Tinto CEO credentialing ahead of another round with "combative" Ivan Glasenberg.

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