Europe Mining News

Industry groups sign MoU on responsible tin sourcing

The International Tin Association and the Responsible Business Alliance want to join forces to tackle minerals sourcing challenges from higher risk areas.

Interactive map pinpoints lead battery energy storage installations globally

Lead battery-powered energy storage highlighted by research consortium’s online map.

Global gold production to hit fresh record in 2019

New report "debunks commentary calling for peak gold."

How central bank gold buying is undermining the dollar

The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.

Trafigura to take over world's second-largest zinc smelter

Trafigura Group will take control of Nyrstar NV as part of a deal to restructure the struggling company’s debt and steer it away from bankruptcy.

Savannah Resources to take full control of lithium mine in Portugal

Mina do Barroso mine could become the first European supplier of spodumene, a lithium-bearing mineral.

Swedish scientists develop fastest hydrogen sensor for hydrogen-powered vehicles

The device is capable of detecting 0.1 percent hydrogen in the air in less than a second.

Polish parliament’s lower house approves 15% cut to copper tax

If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.

Aurubis copper business hit by US-China trade war and Brexit

The company is still positive on copper demand due to the expected rise in renewable energy and in electric vehicles.

Zimbabwe, Russia sign $4B platinum mine deal

The mine would be built on one of the largest platinum mining concessions in the country.

Smart money is piling into oil

Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.

Copper producer KGHM may freeze more mines in Canada, US – CEO

KGHM's foreign assets have struggled with rising costs, falling copper prices, technical problems and higher-than-expected capital spending.

Nearly 2,000 Zambian villagers can sue Vedanta in England – Supreme Court

The latest ruling raises the prospect that other companies could face legal action in England related to their activities abroad.

Indonesia battery-grade nickel plant awaits environmental nod

Indonesia's first plant to produce battery-grade nickel is on track to start operations by 2020, though the project still needs an environmental permit that could take up to eight months.

$6 billion private capital ready to invest in mining

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

Norway wealth fund to tighten coal ban, add green infrastructure

The government proposes to expand its coal ban by adding absolute caps on production of thermal coal, or its use in power generation, which would target big companies.

World Diamond Council advocates for Africa's artisanal diamond miners at international forum

The WDC believes that initiatives such as the peace process in the Central African Republic boost fairness in the artisanal mining sector.

Alacer releases updated PFS for Turkey project

The PFS outlines a mine life of 11 years and total recovered metals of 345,000 ounces of gold, 8 million ounces of silver, 254 million pounds of copper and 626 million pounds of zinc.

How countries are getting tougher with mining companies

A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.

Arctic Star looks for kimberlite at Timantti project

The company has already located three diamondiferous bodies – White, Black and Grey Wolf – and three kimberlite dykes.

Tesla boom lifts Norway's electric car sales to record market share

Almost 60% of all new cars sold in Norway in March were fully electric, a global record as the country seeks to end fossil-fueled vehicles sales by 2025.

Controlling shareholder of Russia's Polyus selling a 3.5% stake via ABB

The controlling shareholder is Polyus Gold International Ltd (PGIL), owned by Said Kerimov, son of Russian tycoon Suleiman Kerimov.

Jewelers must disclose whether diamonds are mined or synthetic — FTC

The Diamond Producers Association, which represents mining companies like De Beers, Rio Tinto and Alrosa, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made in laboratories.

Eldorado Gold announces resumption of crushing and stacking at Kisladag

Further testwork is underway, the results of which are expected to be available in late 2019 or early 2020.

Diamond trading on the open exchange moves closer

The U.K.’s financial regulator has authorized U2 Diamond Prices Ltd. as a benchmark administrator, joining firms such as FTSE International Ltd. and ICE Benchmark Administration Ltd.