Europe Top Stories

Dismal German factory data drops copper price

Copper price drops 3% to near 2009-levels after manufacturing orders…

Latin America’s mining industry remains optimistic — report

Most mining companies and financiers active in Mexico, Central and…

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India takes its coal mines back

India’s Prime Minister Manmohan Singh said Monday the government has already initiated the process of cancelling mines to companies that failed to develop them.

BHP sells Australia’s mammoth uranium deposit

BHP Billiton (LON/ASX/NYSE:BHP) took Monday another step away from resource expansion in Australia, particularly in the uranium sector. The world's number one miner announced it's selling one of the country's largest undeveloped deposits of the yellow element to Canadian Cameco (TSX:CCO) (NYSE:CCJ) for $430 million.