Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.
Europe Mining News
The fortunes of a lagging coal industry were not helped by the actions of a Swedish power plant last week.
This would be the first complex of its type in the country.
Baltania OÜ wants to supply clean energy to utility companies in Nordic countries and Central Europe.
The LME said in a notice to users that the resignation would be effective at the close of business on Nov. 24.
Spain's National Audience dismissed a series of allegations presented by Berkeley Energia against a legal action filed by a group of environmentalists who oppose the company's uranium project.
It's a high quality 202-carat, D colour type IIa rock found at Letšeng mine, the world’s highest dollar per carat kimberlite diamond operation.
Doomsday preppers in North America bet on bitcoin; cryptocurrency is starting to impinge on gold's appeal.
A consultation with users on the fee will start on Nov. 22 and end on Jan. 12 with a view to beginning charges from April 3, the LME said in a statement.
The LME has sent a directive to all suppliers asking them to detail how they guarantee “responsible sourcing” of the commodities they trade in the exchange.
Polyus starts 180,000m drilling campaign to update mineral reserve as early as July for 58 million ounce Sukhoi Log deposit explored since 1960s.
Debmarine Namibia, a 50/50 joint venture between the country and De Beers Group, tis planning for the construction of the world’s largest custom-built diamond mining vessel.
The Critical Investor profiles a company exploring a high-grade zinc property, and explains why he believes the upcoming PEA could surprise markets.
Brazil's Vale SA denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner.
Katanga, which operates cobalt and copper mines in the DRC, said Aristotelis Mistakidis, Liam Gallagher and Tim Henderson had tendered their resignations.
The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.
They are puzzled by the finding of 21 Islamic gold dinars at an abbey in eastern France.
The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.
London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.
"Hedging by means of long-term (supplier) contracts is  way to control such new issues (of securing materials supplies)," says VW head of sustainability.
Nearly 20 countries have joined a British-Canadian initiative to phase out coal from power generation before 2030.
HSBC referred to the company as a “sector leader at a discount”.
More than in the past, the population is divided on whether globalization is a force for good or not.
The Swiss commodity giant is reportedly finalizing a $700-million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty vehicle.
The state-run firm also said that this year's output of electrolytic copper from its own concentrates will be 35,000 tonnes than the planned 401,000 tonnes due to an accident at its smelter.