Europe Mining News

Poland's KGHM says Q1 copper sales fall 12 pct yr-on-yr

KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes.

Gemfields talks up ‘responsibility’ amid lawsuit over alleged human rights abuses

The UK miner, which is the world's top coloured gems producer, is also adopting a new technology to further drive transparency in the sector.

LME to temporarily move nickel closing prices out of ring

The move is likely to happen early next year and last for three months, after which pricing will return to the ring.

German researchers say mining intensifies social conflicts in Peru

A group of researchers from Berlin’s Humboldt University published a study where they say that mining activities are the leading cause of social conflicts in Peru.

Caledonia wants to expand in Zimbabwe

The company is negotiating the possibility of buying the government’s 16 per cent stake in the Blanket project.

Mining firms from China to Canada watch as Greenland holds election

China already actively seeking opportunities.

EU needs 'full' exemption from U.S. tariffs -France's Le Maire

"We cannot live with full confidence with the risk of being hit by those measures"

Mining firms from China to Canada watch as Greenland holds election

Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming.

HSBC pulls the plug on coal

Europe’s largest bank won’t fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.

World’s top diamond producer first-quarter output hit by mine accident

Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.

Sanctions fever grips nickel as market rethinks Russia risk — Andy Home

With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.

UK goes a record 55 hours without coal as clean power expands

Coal, which fueled the world’s biggest economies for more than a century, is increasingly losing out to renewables.

Strike halts gold output at two Randgold mines in Mali — union

The strike at the company’s Loulo and Gounkoto mines is related to the payment of bonuses and will continue until the issue is resolved.

Diamonds confirm existence of planetary “embryo”

A planetary “embryo” gave origin to the meteorite fragments that form the Almahata Sitta collection.

Russia fears light fire under nickel price

Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.

Quantum Minería wants to extract rare earth elements from groundwater

The Sí a la Tierra Viva platform rejects the miner's proposal.

Australian miner reports maiden potash resource in Germany

Davenport Resources reported a maiden Joint Ore Reserves Committee-compliant resource of 576.6-million tonnes at 12.1% potassium oxide at its Ebeleben mining licence.

EU demands compensation for U.S. steel tariffs at WTO

In a step already taken by China, the EU said it did not accept the "national security" justification for the U.S. tariffs.

Diamonds are a Canadian miner's best friends in Finland

Arctic Star reports positive results from The Timantti Diamond project.

IMF resumes lending to Chad following Glencore debt deal

The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.

Impact of electric cars in medium-term copper demand ‘overrated’, experts say

Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.

Sharps Pixley sees 253% increase in gold sales as tensions run high

The high levels of gold sales was a record for the store which opened in January 2016 and was roughly double its previous best month.

Why diamond trading slowed down in March

Rapaport expects polished trading to continue slowing in the coming months.

Glencore to declare force majeure on some aluminium supply

Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday

Mining industry must improve human rights, environment protection — index

The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.