Europe Mining News

Mining titan and philanthropist Peter Munk’s lifetime of achievement

The iconic entrepreneur and founder of gold mining giant Barrick Gold has donated $300 million to institutions in Canada.

With turmoil rampant, gold targets $1,300 as gloomy 2019 beckons

Gold is closing out 2018 with a flourish.

Rusal appoints independent director as new board chairman

Jean-Pierre Thomas was elected by the board as chairman with effect from Jan 1.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Japan's Sumitomo Metal sees global nickel deficit nearly halving in 2019

Global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 million tonnes.

London's streets no longer paved with gold as miners struggle

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that’s lost its way as a home for gold miners.

Worst Czech coal mine blast in decades kills 12 Poles, one Czech

The accident is the worst mining disaster in the Czech Republic since 1990, when 30 miners died in a fire at a mine near Karvina in the same region.

Finnish Zyfra was listed among TOP-50 IoT aquisition deals of 2018 together with Google, Amazon and Blackberry

Our view is that there’s a tremendous opportunity for disruption in Industrial IoT and applied AI space - Ilkka Saarinen, Sales Director of Nordic markets at ZYFRA Group.

The year that politics broke the metals cycle: Andy Home

In a world where the Trump Administration is leading a return to economic and resource nationalism, it’s hard to see how global metals can break free of global politics.

Five themes to watch for European miners after humbling year

It all started so well in 2018.

AngloGold is said to weigh London listing, South Africa exit

Listing in London would give AngloGold exposure to a big pool of investors with very few options to buy into gold equities.

Scotgold ready to break rock at Scotland's first commercial gold mine

Cononish underground gold-silver mine is expected to produce 23,500 ounces of the precious yellow metal annually for up to 17 years.

Germany's K+S ups production outlook for Werra potash plant

The Germany-based fertilizer producer raised production outlook as weather-related production stoppages at one of its plant will be shorter than previously thought.

Portugal sees first lithium licensing tender in 2019, wants refinery

Various international groups had expressed interest in exploring for lithium in Portugal, which is the world's sixth-largest lithium producer, and Europe's biggest.

Mawson progresses Rajapalot with maiden resource

Mawson Resources says that its Rajapalot gold-cobalt project in Finland has plenty of room for expansion.

These are the three main trends to shape the diamond industry in 2019

According to Bain & Co., diamond miners and retailers will face an Increasing influence of digital technologies, growing presence of lab-grown stones and shifting preferences of younger generations of consumers.

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.