Europe Mining News

ArcelorMittal reaches railway deal, resumes output at Bosnia mine

Production at the mine was halted after talks on the deal with the Zeljeznice RS railway company collapsed last week.

Russia wants to join Luxembourg in space mining

Space mining has been the realm of science fiction, but a handful of firms and governments are pursuing the idea of making it a reality.

Kazatomprom uranium sales jump 65%

Further revenue growth in 2019 predicted for world's largest uranium miner.

Euro Sun's stock jumps after financing announcement for Rovina gold project in Romania

The Rovina project site is in the historic mining district known as the “Golden Quadrilateral” — one of the largest gold-producing areas in Europe.

Never a bad day at the office for Anglo American execs

The diversified miner's CEO Mark Cutifani earned $72,000 per day last year.

Mining the moon ready to lift off by 2025

Geologists believe asteroids are packed with iron ore, nickel and precious metals at much higher concentrations than those found on Earth, making up a market valued in the trillions.

ArcelorMittal halts output at Bosnia mine after railway deal fails

The world's largest steelmaker operates a steel plant in the central Bosnian town of Zenica.

Aurubis still on lookout for acquisitions –CEO

We possess a comfortable financial scope but we intend to undertake small or medium-sized acquisitions rather than a large transaction.

Junkyard palladium growing as an answer to disappearing resource

Recyclers can recover about 90 percent of the metal from catalytic converters in junked cars for a fraction of the cost of mining it.

Exyn Technologies introduces robots into Dundee Precious Metals’ gold mines

The tech company introduced its A3Rs robots which comprise a fully autonomous aerial system for data collection in GPS-denied environments.

Belgian fast-moving 'caterpillar' in deep sea copper, cobalt race

U.N. talks are working out regulations on mining in international waters, which may appeal to companies struggling to find new reserves on land.

Rio Tinto investors partying like it’s 2014

Miner will pay a special dividend worth $4 billion, or $2.43 cent a share, as it recorded its highest annual underlying earnings in the last five years.

Rio Tinto may have found its next major copper mine in Western Australia

The world's second largest miner has confirmed an "exciting" copper find at its Winu project, in the Paterson Range in the East Pilbara.

Alrosa unearths 99 carat gem-quality diamond

The rock, a unique transparent one with a visible yellow shade and of gem-quality, is the second major find since the launch of the Verkhne-Munskoye diamond deposit.

Nornickel expects bigger palladium supply deficit in 2019

The global palladium market deficit is forecast at 800,000 ounces compared with 600,000 ounces in 2018.

Europe’s push for EVs a boon to Savannah’s Portugal lithium project

The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.

Eldorado to hike gold production to over 500,000 ounces in 2020

For 2019, the Canadian miner expects to produce between 390,000 and 420,000 ounces of gold.

Barsele updates resource on Agnico JV in Sweden

Since late 2015, Agnico Eagle has diamond drilled more than 135,000 metres at Barsele across 311 holes.

LME copper squeeze will test market's bull credentials

Is copper finally about to break up out of its well-trodden seven-month range?

Black Iron's shares skyrocket after inking MOU with Glencore on Ukraine iron ore project

The companies envision an investment from Glencore that will help fund construction in exchange for offtake of production of four million tonnes of iron ore a year.

Glencore will 'vigorously contest' $680m tax demand

The tax demand from the British authorities is linked to transfer pricing

Glencore yields to investor pressure, caps coal production

The mining and trading giant will cap its production of thermal and coking coal at about 150m tonnes per year, close to its planned output level for 2019.

Mongolia posts 6.9% economic growth in 2018

Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China.

EU starts investigation into Chinese steel wheel imports

The investigation could lead to provisional duties being applied within nine months and definitive duties, typically in place for five years, in 15 months.

Centamin sees mineral resources more than doubling in Côte d’Ivoire

The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.