The controversial announcement comes on the eve of international talks about Iran's disputed nuclear program.
FRANCE Mining News
"The French workforce gets paid high wages but works only three hours."
French company partners with Australia's Aura Energy to explore the Haggan Project.
Stocks at the world’s top steelmaker by sales, ArcelorMittal (NYSE:MT), were down 1.71% at 10:09 am ET this morning after the company announced Wednesday a $3.7 billion net loss for 2012.
The West Antarctic Ice Sheet is warming at three times the global average. Would this open the door for mining?
Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.
'We had nothing but the best of experiences with our partners' – Bundesbank on why it keeps its gold overseas
"Gold stored in your home safe is not immediately available as collateral in case you need foreign currency."
Solvay is officially opening two rare earth recycling units in France today. The plants obtain rare earths from end-of-life equipment such as low-energy light bulbs, batteries or magnets.
The head of Paris-based energy giant Total is dismissive of the possibility of oil extraction in the Arctic.
Copper prices snapped a four-day losing streak on Tuesday following the release of EU growth data ahead of expectations and strong US retail sales data.
France's Nord-Pas de Calais Mining Basin—along with its mining pit, workers' quarters and yes, slag heap—now joins The Great Wall and the Great Barrier Reef on UNESCO's World Heritage list.
The transnational miner said Tuesday it hopes to complete the sale of four alumina plants in France and Germany by the end of September
Gold is being amassed largely on the fears that the global currency system is flawed, and bears also believe American and Chinese economies are headed for another fall. However, there is a deep economic imbalance that is rapidly being righted that can result in a lot of prosperity for all.
Powerscreen, provider of mobile crushing, screening and washing equipment, presented top awards to dealers at World Dealer Conference in Cape Town, South Africa.
French nuclear giant Areva says it is in talks to sell its 26% stake in major nickel miner, Eramet (formerly Soc. Le Nickel) with major operations in New Caledoinia.
The 2007 acquisition of UraMin by Areva proved financially costly, and is now compounded by a criminal complaint filed by Areva's former CEO concerning a private investigation into the purchase.
The French bank has announced plans to stop trading commodities and cut down on commodities trade financing as it struggles to cope with a credit crunch.
10-SEP-2011 Intellasia | Jakarta Globe Free newsletter - click here In a move expected to give eastern Indonesia an economic boost, a French mining group plans to invest in a nickel mining project in North Malaku. "Eramet will have spent around $450
Niger, a major supplier of uranium to the French nuclear sector, wants a better price for its supplies, President Mahamadou Issoufou told state TV. Issoufou, who came to power after March elections that ended just over a year of military rule, said the poor desert state was determined to make the most of its resources.
After setting its base in Chile, Australia, Russia and France, Diemme Filtration is now ready for the Asian market. Read the full press release here: http://www.diemme-spa.com/filtration/_vti_g2_newsArt_aspx_idA_76-rpstry_14_.sphtml
Niger, which became independent from France in 1960 and has a democratic government, is the world’s sixth largest uranium producer. Output in 2008 was 3,032 t, representing 7% of total world uranium production. Areva’s Arlette and Akoula mines, responsible for 100% of Niger’s uranium production, have produced, together, 100,000 t of output in the last 40 [...]
Groupe Michelin plans to develop its Moncteau, France, plant into a "high performance facility" for earthmover tires and make its Tours, France, factory "a benchmark for high-tech truck tires in Europe," according to Michelin officials….more […]
It is cutting back in France, yet planning big in India – Michelin is reportedly planning to invest some Rs 70 billion (£887 million) there over the next decade….more at Tire Review Online
(Reuters) Michelin is to cut 1,500 jobs in France as part of measures the French tyre group will announce on June 24 to weather a collapse in global demand for tyres, newspaper Le Monde said […]
(Editor's note: We like good ideas, and sometimes they drop into our lap. The following was submitted by the Parker Group on behalf of its client Dassault Systèmes.) FRANCE — In a step change […]