Europe Mining News

KGHM announces almost doubling in Q4 profits

The Polish miners beat market expectations announcing a strong fourth quarter on the back of surging metal prices and said it expects to see 2011 net profit jump to a record 8.35bn zlotys Poland's KGHM (KGHM.WA: Quote) almost doubled its fourth-quarter

TMX Group and LSE deal is "unacceptable"

Diane Francis, writing for the Financial Post, is withering in her denuciation of the proposed takeover of the TMX Group by the London Stock Exchange. She calls the deal "unacceptable" and says the deal would harm "Canada's competitive advantages".

TMX, LSE in merger talks: media reports

Two of the world's largest mining bourses are talking about a merger, according to two major newspapers who broke the story on Tuesday. The TMX Group Inc. and the London Stock Exchange PLC plan to […]

Talvivaara's Primary Crushing Capacity Boosted by Crusher Cavity Optimization

Talvivaara mine, located in Northern Finland, is today the biggest sulfide nickel ore mine in Europe. In close cooperation with Metso, and with crusher cavity optimization, Talvivaara recently boosted its primary crushing capacity annually by […]

Wow! What a week

This week the Gold market covered a $39.80 range, in which all but $1.10 occurred in today’s trading session.

Illegal diamond trafficking in Antwerp

Antwerp judicial authorities have uncovered a fraud involving forged diamond certificates. Diamonds worth 22 million euros were transported to Antwerp illegally using forged Kimberley certificates.

Shaft Sinkers to list on London Stock Exchange

Shaft Sinkers Holding, the South African developer of vertical and decline shafts for underground mines and infrastructure, has announced its intention to list on the London Stock Exchange on December 23rd. Read more

Mining strong – Atlas Copco sees sales back at 2008 level

At Atlas Copco’s annual press lunch in London this week, Björn Rosengren, Senior Executive Vice President, Construction and Mining Technique (CMT), reported that business was back to 2008 levels and lead times were stretching out […]

Outotec Delivers Technology for the Expansion of Outokumpu's Ferrochrome Plant in Finland

Outotec will deliver sintering and ferrochrome smelting technology for the expansion of Outokumpu's ferrochrome plant in Tornio, Finland. The new sintering plant and smelter will double Outokumpu's ferrochrome production capacity. The contract value is approximately […]

Highlights from the ninth annual London Gold Conference

Recently RBC Capital Markets held its ninth Annual Gold Conference in London - hosting CEOs of the world’s largest gold companies. RBC reports the reoccurring themes from its ‘In Conversation With’ forum and audience polls.

Polish plow exceeds coal production expectations and sets new record

The Innovation News article in the December issue looks at the lead Bucyrus (now Caterpillar) has in coal plows. One of the most recent installations was an automated plow longwall ordered by Lubelski Węgiel Bogdanka for […]

ABB wins comprehensive service contract for Boliden's Aitik mine

ABB, the leading power and automation technology group, has won a maintenance service contract from Boliden AB to maintain the high productivity, increased energy efficiency and lower operating costs afforded by ABB power and automation […]

New compact washing plant for Wakoz Beton in Poland

Wakoz Beton are the owners of the first M2500 mobile washing plant to be installed in Poland. Read more

Metso to convert coal boiler to biomass-fired boiler for Dalkia in Poland

Metso will convert a pulverized coal boiler to a biomass-fired boiler for Dalkia Łódź S. A. in Poland, raising renewable energy production for Dalkia's plant in Łódź. The total value of the order is over […]

ABB commissions the most powerful gearless mill drives ever built

ABB, the leading power and automation technology group, has commissioned automation and power equipment that increases production at Boliden’s Aitik copper concentrator plant, located near the town of Gällivare in northern Sweden. Read more

Bergteamet to assist with rescuing trapped miners in Chile

Bergteamet AB, leading underground mining contractor in Sweden, is participating as a partner in the rescue operation of the 33 trapped miners in the San Jose mine in Chile. Read more

New possibilities for effective process automation via partnership of weighing technology leader and material analysis innovator

Schenck Process of Germany and FCT-ACTech of Australia have signed a Sales Representation Agreement for the promotion of FCT’s unique Continuous On-Stream Mineral Analyser (COSMA) by Schenck Process in multiple territories. Read more

The Arbitral Tribunal's decision regarding the redemption price for the minority shares of Larox Corporation

OUTOTEC OYJ PRESS RELEASE  AUGUST 13, 2010 AT 4.00 PM The Arbitral Tribunal's decision regarding the redemption price for the minority shares of Larox Corporation The Arbitral Tribunal appointed by the Redemption Committee of the […]

Metso to supply mining equipment for Nordic Mines in Finland

Metso will supply mining and minerals processing equipment and services for the new gold ore processing plant of Nordic Mines Oy in Finland. The equipment delivery will be completed during the first half of 2011, […]

Talvivaara celebrates tenth Hitachi truck

Hitachi Construction Machinery (Europe) NV (HCME) has recently supplied its tenth EH3500ACII haul truck machine to Talvivaara nickel mine in Finland. The trucks have been supplied by Hitachi's Finnish dealer, Rotator. Read more

Outokumpu Copper Project to Proceed

Emerging copper producer, Universal Resources Limited (ASX: URL) recently approved the development of the Outokumpu Copper Project (Project) in eastern Finland, approximately 400km northeast of the capital Helsinki. Read more

Eriez Introduce New Equipment at RWM and IFAT 2010

Optimum separation is a key stage in all applications. Eriez has designed and developed an extensive range of separators utilising magnetic principles, and at RWM, UK (stand 1410, Hall 17) and IFAT, Germany (Stand 500, […]

Gemcom CPD courses endorsed by Geological Society of London

LONDON, U.K. – June 28, 2010 – Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that the Geological Society of London has issued Continuing Professional Development (CPD) endorsements […]

JLT reveals military standard tablet PC capable of surviving pressures of mining

JLT Mobile Computers has started shipments of a brand new version of its JLT8404 rugged tablet PC. Designed and built in Sweden, this upgrade includes a number of technological innovations, including a new ultra-low voltage […]

Godwin Pumps® and SLD Prepare for Hillhead 2010

Godwin Pumps, worldwide manufacturer and supplier of the Dri-Prime® automatic self-priming pump, SLD Pumps and Power, Godwin’s exclusive distributor in the United Kingdom for diesel Dri-Prime pumps, are preparing to share Stand M16 at Hillhead […]