Europe Mining News

ArcelorMittal miners stage sit-in at four Kazakh coal mines

About 200 coal miners in Kazakhstan refused to leave four mines operated by a unit of ArcelorMittal at the end of their shift on Monday and staged a sit-in.

Glencore says signs labor pacts at most of its Australian coal mines

These new labor agreements with workers at 13 of its coal mines in Australia end months of negotiations over wages and benefits.

Vedanta's Zambian arm to set up new processing plants

Vedanta Resources said Thursday its Zambian subsidiary KCM plans to set up new copper smelter, cobalt refinery and more under a $1 bln investment programme.

The one indicator OPEC must watch

Last week, OPEC decided to extend its production cuts through end of 2018. The target is now to bring global oil inventories back down to the 5 year average.

This is the breakthrough company of Mines & Money 2017

Forget gold, the crazy cobalt price or lithium frenzy; this junior mining company is upending the sapphire (yes sapphire) market.

LME to deal clearing blow to new metals platform NFEx

The London Metal Exchange unlikely to provide clearing services for proposed new trading platform NFEx, a significant obstacle to the new exchange.

This new model tracks copper use from cradle to grave…to reincarnation

Research also charts rapid growth of China’s copper use.

Diamond Fields to resume mining off Namibian coast next year

The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.

Glencore, Canadian teachers launch mining royalty firm

BaseCore Metals will be independently operated and have its own board of directors.

Sierra Leone ‘Peace Diamond’ sold for less-than-expected

The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds.

Bacanora tanks as president resigns

President and director Martin Vidal has left the post effective November 30.

Gold ETFs soar as Russia probe closes in on Trump's inner circle

SPDR Gold Shares, the biggest gold-backed ETF, attracted the most money since September as the Trump-Russia probe escalated.

Rio Tinto appoints one of its own as the company’s new chairman

After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.

In Germany's Appalachia, the last coal mine is closing

It’s a sunny October day on the outskirts of the west German town of Bottrop.

Ukraine's steel output down 13 pct so far in 2017

Ukraine's steel production in eleven months to end-November fell 13 pct year-on-year to 19.4 million tonnes, Ukrainian steel producers' union said Friday.

Alrosa’s 51-carat Dynasty diamond fails to sell at auction

The other four other stones of the collection were sold at an average premium of 30%.

Australia’s NSW to ban open-pit mining in South Drayton area

The New South Wales Government decided there would be no open-pit mining at the site formerly known as Drayton South, but it paved the way for an underground mine instead.

Move over, Tesla! China holds the keys to electric vehicles

As the world’s largest auto market, China was responsible for about half of the sales as the crackdown on polluting industries has propelled renewable alternatives from power generation to consumer products.

Luxembourg, Japan team up to explore and mine space resources

The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.

Archaeologists find connection between metalwork and Iron Age feasting rituals

Found during an excavation at Glenfield Park, Leicestershire, the collection is unprecedented in terms of the overall mix of findings.

Alrosa ready to auction the most expensive diamond ever polished in Russia

More than 130 potential buyers have already registered to participate in Wednesday’s online sale of the five-diamond collection, which includes the giant 51.4-carat Dynasty.

Prince Harry gives “invaluable” diamond ring to his fiancé

The jewel was designed by the Prince himself.

Energy consumption vs. energy production – how does your country compare?

An infographic showing the countries supplying the most energy and those who are hungry for it. The results may surprise you...

Volkswagen's talks with cobalt producers end without deal

Meetings last week between major cobalt producers including mining giant Glencore to supply world’s largest automaker Volkswagen ended without a deal.

Canada's Dalradian plans to dig deep for Northern Irish gold

Dalradian acquired mineral rights in 2009 to more than 80,000 hectares of land in Northern Ireland, including the Curraghinalt gold deposit.