Europe - Page 1

Sirius to raise funds for UK potash drilling project
Monday, January 30, 2012 Sirius Minerals will raise £50m through a share placing to speed up the drilling programme at a new potash mine between Whitby and Scarborough in the...

Gold Dynamics Corp forms alliance with Thomas Mining
Monday, January 30, 2012 Gold Dynamics Corp has formed an alliance with Thomas Mining Properties (TMP) to evaluate potential gold and precious metal projects in...

Rio Tinto acquires majority stake in Ivanhoe Mines
Thursday, January 26, 2012 Rio Tinto has acquired a majority stake in Ivanhoe Mines for a total consideration of C$302m...

Eldorado Gold to acquire European Goldfields for $2.4bn
Monday, December 19, 2011 Eldorado Gold Corp has agreed to buy European Goldfields for about C$2.5bn...

Bridon’s new UK rope manufacturing unit to open next year
Thursday, December 15, 2011 UK-based Bridon International’s new manufacturing unit, which will produce multi-strand ropes for the mining industry, is expected to be operational by the end of...

Ormonde Mining JV begins expansion work at Zamora gold project
Thursday, December 08, 2011 Ormonde Mining and its joint venture (JV) partner Aurum Mining have commenced its expanded drilling programme at its Zamora gold project in western...

KGHM Polska Miedz to buy Quadra FNX Mining for $2.84bn
Thursday, December 08, 2011 Polish copper miner KGHM Polska Miedz will acquire Canada's Quadra FNX Mining for about...

Highland Gold receives construction permit for processing plant
Thursday, December 01, 2011 Highland Gold has received approval for the construction of a stand-alone gold processing plant at the Belaya Gora project from the Russian...

Dundee Precious Metals receives EIA approval for Bulgarian project
Monday, November 28, 2011 Dundee Precious Metals has received environmental impact assessment (EIA) approval from the Bulgarian minister of environment and waters for the Krumovgrad gold project in...

SANY to supply mining equipment to DTEK
Monday, November 28, 2011 Ukraine-based DTEK has signed a memorandum of understanding (MoU) with Chinese firm SANY Heavy Equipment to supply mining equipment and coal extraction technologies to...

Rio Tinto to close aluminium smelter in north-east England
Monday, November 21, 2011 Rio Tinto's subsidiary Rio Tinto Alcan is planning to close its Alcan Lynemouth aluminium smelter in Northumberland,...

Chinese consortium to build zinc smelters in Bolivia
Friday, November 04, 2011 Chinese consortium Henan Yuguang International Economic & Technical Cooperation will construct two zinc smelters in the regions of Oruro and Potosi in...

Mechel launches ferronickel production complex in Russia
Friday, October 28, 2011 Mechel’s subsidiary Southern Urals Nickel Plant has started construction of an experimental industrial complex in Orsk, Russia, to produce ferronickel through electric...

ERAMET and Variscan sign MoU for development of European projects
Monday, October 24, 2011 PlatSearch's subsidiary Variscan Mines has signed a memorandum of understanding (MoU) with ERAMET to assist in the development and construction of new projects in...

CDB to provide $1.43bn financing for Russian aluminium smelter
Thursday, October 13, 2011 China Development Bank (CDB) has signed a deal with Russian state bank VEB to provide $1.43bn project financing for the first stage of UC RUSAL's Taishet aluminium...

New World Resources to explore coal deposit in Czech Republic
Wednesday, September 28, 2011 Netherlands-based New World Resources is planning to explore the hard coal deposit at the Frenštát Mine site, north-east of the Czech...

Lunsin to develop polymetallic ore deposit in Siberia
Friday, September 23, 2011 Zijin Mining Group's subsidiary Lunsin is planning to invest about RUB9b ($285m) for the development of a Kyzyl-Tashtyg polymetallic ore deposit in...

Trapped worker found dead in Welsh mine
Friday, September 16, 2011 A miner who was trapped in the flooded Gleision Colliery in Swansea Valley, Wales, has been found dead, police have confirmed. The unidentified worker was found dead this morning as...

Outotec to provide iron pelletising plant to NLMK
Thursday, September 15, 2011 Finland-based Outotec will supply an iron ore pelletising plant to NLMK Novolipetsk Metallurgisk Kombinat for its Stary Oskol project in Moscow, Russia for €150m. The company will...

Metalloinvest to supply iron ore to MMK
Tuesday, September 13, 2011 Russian firms Metalloinvest and Magnitogorsk Iron & Steel Works (MMK) have signed a long-term iron ore supply agreement for a period of three years. Under the terms of the...