Europe Mining News

Renault, PSA unveil plans for electric-car services in Paris

Renault SA and rival French automaker PSA Group unveiled plans for new electric car-sharing services in Paris just days after Mayor Anne Hidalgo pulled the plug on an operation backed by Bollore SA.

Rio Tinto says synergies, no Brexit behind decision to move sales team to Germany

London-based sales and marketing staff to relocate to Frankfurt beginning September.

VW to start electric car-sharing service to boost lineup

“Our target is to sell more than 1 million electric cars in 2025,” VW brand head of sales Juergen Stackmann

US probe darkens Glencore horizons from Africa to Americas

Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal process.

Spanish cattle farmers are worrying about nearby uranium mines

The company says it will become a key supplier of fuel as governments recognize the role nuclear power will play in efforts to promote ways to generate power that cause less pollution.

LME to get tougher on cobalt companies with ties to the DRC

Starting next year, it will demand firms that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit.

Glencore hammered as US requests documents in corruption probe

Shares fell as much as 13% after the miner and commodities trader was told by US Department of Justice to produce documents on Nigeria, Congo and Venezuela.

Platinum price plunges to 14-year low

Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.

EU warns US of boomerang effect if Trump imposes car levies

Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.

Thyssenkrupp shareholder Cevian calls for further restructuring after steel JV

Thyssenkrupp's joint venture with Tata Steel - to be named Thyssenkrupp Tata Steel - will have around 48,000 workers and about 17 billion euros in sales.

Sienna looks for cobalt in Sweden

The Vancouver-based miner wants to identify new drilling targets at its Slättberg project.

Thyssenkrupp seals landmark steel venture with Tata Steel

Thyssenkrupp's supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector's biggest shake-up in more than a decade.

Chile injects $1bn into state-owned copper giant Codelco

The figure, though significant, is minor when taken in the context of Codelco’s $18 billion investment plan aimed at upgrading its aging mines and dealing with dwindling ore grades.

Centerra mine’s future up in the air as Kyrgyzstan to review deal

The parliament’s revision of the strategic agreement, set for September, may lead to increased environmental payments for the Canadian miner.

China’s No.1 maker of battery cells for EVs to build plant in Germany

A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry.

Alrosa to auction "football" diamonds, the largest one to be named by fansto auction "football" diamonds, the largest one to be named by fans

ALROSA, the world's largest diamond mining company, offers fans to choose a "football" name for large rough diamond weighing 76.53 carats.

BP buys Britain’s largest electric vehicle charging company

BP Plc plans to acquire the U.K.’s largest electric vehicle charging company, the latest in a string of acquisitions by major oil companies in the growing market for greener transport.

Zinc's horror run continues on rising supply, trade-war angst

Zinc continued to slide after entering a bear market amid concern about increased supply and declining demand.

New world standard for sustainable mining

The mine of the future is carbon-dioxide-free, digitized and autonomous.

Why Russia and Turkey are such gold bugs

Russia has cut its holdings of U.S. foreign debt by more than half. Instead, it’s been increasing its gold shares in its international reserves.

Italy delays handover of Ilva steelworks to ArcelorMittal

Italy's new government has postponed its handover of the heavily polluting Ilva steel plant to ArcelorMittal by two and a half months to Sept.

De Beers just sold 34 million rough diamonds more than last year

The $575-million figure represents a 6% increase from the $541m obtained in the same period last year and 3.7% higher than the $554m it sold last month.

Lithium demand from battery makers to almost double by 2027

Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.

Galantas Gold jumps after hitting main vein at Irish mine expansion

It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.

Class action to be launched over casuals in Australia’s coal mining

BHP says it has not received any formal communication regarding the legal actions.