BP Plc plans to acquire the U.K.’s largest electric vehicle charging company, the latest in a string of acquisitions by major oil companies in the growing market for greener transport.
Europe Mining News
Zinc continued to slide after entering a bear market amid concern about increased supply and declining demand.
The mine of the future is carbon-dioxide-free, digitized and autonomous.
Russia has cut its holdings of U.S. foreign debt by more than half. Instead, it’s been increasing its gold shares in its international reserves.
Italy's new government has postponed its handover of the heavily polluting Ilva steel plant to ArcelorMittal by two and a half months to Sept.
The $575-million figure represents a 6% increase from the $541m obtained in the same period last year and 3.7% higher than the $554m it sold last month.
Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.
It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.
BHP says it has not received any formal communication regarding the legal actions.
According to WWF, Germany's CO2 emissions have not dropped for nine years.
Battery materials can charge mining's next supercycle but new study says automakers will "throw away tens of billions" making electric vehicles no-one wants.
KGHM has not had a CEO since Radoslaw Domagalski-Labedzki was fired on March 10.
The collection consists of 32 round diamonds, 0.3 carats each, named after the countries - participants of the World Cup.
“The plant has demonstrated that it can operate at planned hourly production throughput capacity."
Deadline for fulfillment of all conditions included in agreement with the Kyrgyz government, which would end all disputes over the firm’s Kumtor gold mine, has been pushed back about a month.
Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, plans to sell the company's stake in an iron ore unit and draw up gold sector deals.
Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile.
Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.
Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.
The country cut its holdings of Treasuries nearly in half in April as Washington slapped the harshest sanctions to date on a selection of Russian companies and individuals.
Shares in Sirius Minerals (LON:SXX) were off to the races on Wednesday after it announced it had secured a major seven-year African supply deal.
Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".
One of the strangest stories in the mining industry this year has been the battle between Russian gold miner Petropavlovsk Plc and its activist, mystery shareholders.
So far, Trump has taken little action beyond tariffs of 25 percent on steel and 10 percent on aluminum on imports from China, the European Union and other countries.
Glencore says its subsidiaries will pay Gertler what he’s owed, only the funds will be transferred in euros and U.S. citizens won’t be involved.