European Union Mining News

DR Congo’s perfect storm

A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.

US mulls scaling back ‘conflict minerals’ rule

The US Securities and Exchange Commission is reconsidering the rule, which requires companies to trace and report whether their products contain minerals from a war-torn part of Africa.

Congo’s cobalt production set to soar despite claims of child labour

Last year, the country's cobalt production accounted for just over half of the world's output.

Illegal gold trade in Congo still benefiting armed groups, foreign companies

Illegally acquired and exported gold from the mineral-rich eastern Congo keeps filling the pockets of some foreign companies as well as armed groups, a new report shows.

What do conflict minerals have to do with financial reform?

A small statute in the Dodd-Frank Wall Street Reform and Protection Act is wreaking havoc in the Congo, according to a new report by National Center for Policy Analysis Senior Fellow David Grantham.

Old Nova Scotia tin mine could resume production in a few years

Avalon Rare Metals expects to publish the project's Preliminary Economic Assessment by the end of the month.

Dodd-Frank: Five years and $1.5 trillion later

In the five years since the Dodd-Frank Act passed, oil produced in developing countries was worth an estimated $1.55 trillion for those governments. But because the landmark US transparency law remains delayed, any payments that flowed to governments took place with limited or no transparency.

When it comes to conflict mining regulation, should one size fit all?

Conflict mining remains an important issue, and one we are beginning to see governments step in to address in different ways.

Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

The miner is spending $1.3 million in exploration work aimed to reopen a historic tin-indium mine in Nova Scotia.

CFSI enables companies to comply with new EU Conflict Minerals rules

Conflict-Free Sourcing Initiative Expands Geographic Scope, Adopts Risk-Based Approach

EU lawmakers surprise with vote on ‘blood metals’ ban

The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.

EU lawmakers toughen up rules limiting the import of conflict minerals

The lawmakers voted 22 to 16 to strengthen a draft law requiring importers, smelters and refiners to certify their goods are conflict-free.

China sets tougher restrictions on illegal mining, exporting of rare earths

Beijing has launched a five-month campaign that aims to finally crackdown on illegal extraction and smuggling of the coveted elements.

Polish coal miner slashes production forecast amid restructuring

Announcement comes as Polish authorities work on a plan to group its loss-making mines into a “bad” or a “good” unit.

EU proposes conflict minerals law; rights group says it's toothless

The proposed law sets up a system of self-certification for importers of tin, tantalum, tungsten, and gold.

Fresh threats to Europe’s shale industry as lawmakers draw up regulations

The European Commission is set to announce tighter guidelines for companies involved in the shale gas industry by January.

WTO tells China to drop restrictions on rare earths exports

The World Trade Organization has not confirmed the news yet.

Canada-Europe historic trade deal removes tariffs on metals and minerals

The deal will be the largest trade agreement in Canadian history.

Europe's Detroit: Bankrupt Romanian coal mining town

Aninoasa coal mine closed in 2006 leading the way to economic ruin.

Anti oil sands protest blocks Canada-EU Energy Summit in London

A group of activists performing what they called an “oil orgy” protest interrupted the Canada Europe Energy Summit, at Canada House, in London Tuesday morning.

Worldwide steel consumption growth to drop this year

The World Steel Association is cutting its forecasts for global use of the commodity by 1.8% this year, as China - the world’s biggest consumer of steel- has slowed down its growth.

Race on to dig new zinc mines as old ones run dry

With experts saying zinc could be in deficit by 2017 if not earlier, miners from Australia to Africa to the European Union are racing against time to attract investment in new projects.

EU hesitates to qualify Canada’s oil sands as more polluting than crude

In the midst of intense lobbying from Canada, a committee of the European Union Parliament blocked passage of a proposed fuel quality directive that would label Canada’s oil sands as a more carbon-intensive source of oil than conventional crude