Europe Mining News

Russia's Potanin returns 2 pct in Norilsk Nickel to Abramovich -sources

The original sale of the stake was disputed in a London court by aluminium producer Rusal, which owns a stake in Nornickel.

Electric cars give new life to mine excavated for nuclear power

Demand for a new generation of electric vehicles is breathing life into an Alpine mine.

Russia's Rushydro says sanctions cloud prospects for joining Rusal's smelter

In April, Rushydro's board approved the move to join the project with total investments seen at around $1 billion.

Luxembourg’s mining-focused Space Agency ready to lift off

Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.

Poland's JSW seeks tighter grip on coking coal with possible Prairie bid -sources

State-run JSW and Australia's Prairie, which is developing mines in Poland, have been in cooperation talks for much of this year but JSW wants control.

Rusal's August aluminium exports up 7 percent from July – Ifax

MOSCOW, Sept 6 (Reuters) – Russian aluminium producer Rusa , under U.S. sanctions since April, increased its aluminium exports by 7 percent in August compared to the previous month, Interfax news agency said. Rusal, the […]

ArcelorMittal reaches Ilva deal with unions, opening way for takeover

ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.

The 30 countries leading the way in environmental credentials

Many nations around the world have been focussing on improving their environmental practices.

ENRC wins UK appeal in attorney-client privilege case

A UK appeals court overturned a decision forcing a Kazakh mining company to hand over documents to prosecutors who are investigating the firm for corruption.

Alrosa brings coloured diamonds to Hong Kong in effort to conquer China

As part of its plans to expand into that market, Alrosa will hold its first “True Colour” auction of coloured polished diamonds, during the Hong Kong Gem & Jewellery Fair taking place this month.

Orion’s $407m takeover bid for Dalradian Okd

Deal gives Orion mine access to mineral rights for more than 80,000 hectares of land in Northern Ireland, which includes one of the world's top ten undeveloped gold deposits by grade.

Construction starts at biggest undeveloped copper deposit in Russia

With total reserves of around 26.7 million tonnes of copper, Udokan is the largest undeveloped copper deposit in Russia and one of the biggest in the world.

Some warehouse firms want LME to change delivery rules, lengthen queues

Now, some warehouse firms are pushing the idea of replacing all rules with one that obliges warehouses to load out 1.5 percent of total stocks per day.

Chaarat Gold ups Kyrgyz Republic project resource by 46 pct

The Central Asia-focused explorer and developer said Tulkubash’s measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold.

De Beers will allow buyers to reject cheap diamonds

This is a rare move by De Beers, which is famous for requiring buyers to take what’s offered.

Dyson moves ahead on $2.6 billion e-car plan with test track

Dyson Ltd., best known for its vacuum cleaners and hand dryers, is charging ahead with a 2-billion-pound effort to start building electric cars.

Dalradian shareholders back Orion Mine’s $230m takeover bid

The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.

China’s Zijin wins race for Serbia’s largest copper mine

RTB Bor copper mining and smelting complex was crucial for the country before the collapse of communist Yugoslavia. However, it later became a burden on the country’s struggling economy because of malpractices and international sanctions.

Special Report: The platinum opportunity – part 1

Over the past six months, platinum’s price has continued its multi-year decline, falling below $800 – close to its lowest level in a decade.

Canadian cobalt company says thieves stole 76 tonne hoard

Cobalt 27 stockpile worth $5 million stolen from Rotterdam warehouse.

Why battery miners are swarming Europe’s biggest rock collection

Being home to Europe’s biggest rock collection has finally come in handy for Sweden

Old coal mines in Glasgow to host geothermal research lab

Can old coal mines generate harnessable low-carbon heat for domestic use?

Chinese, Russian-owned companies place binding bids for Serbian copper mine

In July, Belgrade invited bids for a partner to invest at least $350 million in debt-laden RTB Bor but did not say how big a stake it would offer in return.

Russia may buy aluminium for state stocks to support Rusal -minister

Russia has a plan to support world No.2 aluminium producer Rusal against U.S. sanctions put in place in April.

China exporting alumina again as soaring prices upend market

Contracts to export over 140,000 tonnes of alumina from China were signed in July amid a favourable price arbitrage.