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Latest Europe Update

Glencore International completes merger with Xstrata
03 May, 2013
Global commodities trader Glencore International has announced the completion of its long-awaited multibillion dollar merger with Xstrata, to form one of the world's biggest mining...
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UK Coal in talks with creditors to stay solvent after Daw Mill closure
Thursday, May 02, 2013 UK Coal is holding talks with creditors to remain solvent, a plan which could save nearly 2,000 jobs, following the shutdown of the company’s largest colliery earlier this year....

Mechel makes u-turn decision on mining sale plans
Monday, April 29, 2013 Russian steel and coking coal producer Mechel has put its plans to sell up to 25% of mining division Mechel Mining on hold, amid unfavorable market...

Vale posts drop in Q1 profits
Friday, April 26, 2013 Brazilian mining giant Vale has reported an 18% decline in net profit for the first quarter of fiscal 2013 to $3.11bn, compared to profit of $3.79bn in the corresponding quarter a year ago....

Security services company G4S launches global human rights policy
Wednesday, April 24, 2013 G4S, a global security solutions company in the mining sector, has launched a global human rights policy, aimed at protecting employee rights, supporting the communities in which the...

Weir Minerals Europe secures the Queen’s Award for Enterprise
Tuesday, April 23, 2013 Weir Minerals Europe, a manufacturer of equipment for the mining, minerals processing and other industrial markets, has won the UK Government's prestigious Queen’s Award for Enterprise for...

Metso signs major services agreement with Russian Copper Company
Monday, April 22, 2013 Global engineering and technology company Metso has signed a 6.5-year life-cycle services contract with Russian Copper Company (RMK), for the Mikheevsky GOK copper mine in the Chelyabinskya...

Glencore, Xstrata merger receives final clearance from China
Wednesday, April 17, 2013 China's antitrust authority has given approval for the merger of global commodities trader Glencore with mining giant Xstrata, clearing the final hurdle in the completion of the...

3D Laser Mapping begins research to improve safety, efficiency in mining
Monday, April 15, 2013 UK-based Laser scanning specialist 3D Laser Mapping has commenced a research project, in partnership with UK’s Durham University, to improve safety and operational efficiency in the global...

Baosteel in talks to buy stake in Mechel’s mining unit for $1.25bn
Thursday, April 11, 2013 Chinese steel major Baoshan Iron and Steel (Baosteel) is in talks to acquire a 25% stake in the mining division of Russian steel and coking coal producer Mechel, in a deal valued at about $1.25bn. ...

UK awards seabed mining licence
Friday, March 15, 2013 The UK Seabed Resources, in partnership with the Department of Business, Innovation and Skills (BIS) has secured a licence and contract to explore the Pacific ocean for mineral-rich...

Wolf Minerals selects GR Engineering as EPC contractor for Hemerdon project
Friday, March 08, 2013 GR Engineering Services has secured an engineering, procurement and construction contract worth £75m from speciality metal exploration company Wolf...

Mechel acquires majority stake in Russian port to boost coal exports
Tuesday, January 15, 2013 Russian mining and metals firm Mechel has acquired a majority stake in Vanino Sea Trade Port for RUB15.5bn ($512m) as part of its strategy to boost coal exports and reduce transport...

UK Coal restructuring prevents mine closures
Wednesday, December 12, 2012 UK Coal said is has completed the restructuring of businesses and prevented the closure of several mines across the...

UK mining museum appeals for coal mining memorial
Friday, December 07, 2012 The National Coal Mining Museum in the UK has launched an appeal to set up a memorial garden at the museum's Hope Pit in West Yorkshire as a tribute to individuals who died in mining...

Russian Technologies to divest 45.42% stake in titanium firm VSMPO-Avisma
Thursday, November 29, 2012 State-owned Russian Technologies (Rostekhnologii) will divest a 45.42% stake in titanium giant VSMPO-Avisma for...

EVRAZ acquires majority stake in Raspadskaya
Friday, October 05, 2012 EVRAZ has acquired an indirect controlling interest in OJSC Raspadskaya, one of Russia's largest producers of coking coal, and its...

Colt Resources, Contécnica to develop Penedono gold project
Thursday, September 06, 2012 Canada-based exploration company Colt Resources has signed an agreement with Brazilian consulting engineering company Contécnica - Consultoria Técnica to jointly develop the Penedono gold...

Sirius Minerals plans controversial potash mine for UK national park
Wednesday, September 05, 2012 Potash development company Sirius Minerals said it plans to develop the proposed York Potash Mine on the outskirts of Whitby, which lies within the boundary of England's North York Moors...

Lundin Mining resumes operations at landslide-hit Aguablanca mine
Thursday, August 30, 2012 Canada-based Lundin Mining has resumed production at its wholly-owned Aguablanca nickel-copper mine in Spain after a landslide caused production to halt in December...

Nautilus Minerals gets approval for deep sea mine
Wednesday, August 15, 2012 Canada-based Nautilus Minerals has obtained an approval from the Papua New Guinea government to begin work on its Solwara 1 deep sea gold and base metals mining...

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