Europe Mining News

Bosnia's Aluminij calls for government help to ensure survival

Aluminij Mostar, Bosnia's sole aluminium smelter, is at risk from high alumina and electricity prices and only urgent government intervention can help it stay on line.

Belgium's Umicore to invest over $370 m in Polish battery materials plant

The plant is the first of its kind built by Umicore in Europe and comes as the European Union is trying to develop EV battery manufacturing in the bloc.

RWE fears lignite industry collapse in hasty coal exit by Merkel

Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities.

France's Saft targets new generation battery production from 2020

Saft, Siemens, Solvay and Manz teamed up in February to develop high-density liquid electrolyte lithium-ion and solid-state batteries.

LME to maintain discounted carry trade fees indefinitely

LME believes the discounts have had a positive impact on trading volumes - the mainstay of the exchange's revenue.

Russia's Polyus on track to boost gold output in 2019

Its 2018 production is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces.

European miners enter bear market with more pain seen for sector

Analysts predict more tough times for the sector that has lost more than 20 percent since June.

Russia's Alrosa sales in 2019 to exceed production by 1-2 mln carats – RIA

Russian diamond miner Alrosa said on Tuesday that its sales next year would be 1-2 million carats higher than its production in 2019.

Norway survey reveals seabed sulphide mineral deposits

Norway's Petroleum Directorate has identified previously unknown deep sea sulphide mineral deposits.

German K+S halts production at 2nd site as severe drought drags on

Hattorf is the second site the company has had to shut down in the last two weeks due to a severe drought affecting the country, especially in the northern and eastern parts.

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.