Europe Top Stories

Mining companies in Europe and former Soviet Union call for OEMs to support cost reduction

Original equipment manufacturers (OEMs) must support mining companies in Europe and the former Soviet Union with cost reduction or risk losing their market share, finds a new survey by Timetric’s Mining Intelligence Center (MIC).

Timetric | April 23, 2015 | 9:03 am

Caterpillar results beat expectations but forecasts weak year

The machinery giant doesn’t think it will remain strong for…

Cecilia Jamasmie | April 23, 2015 | 9:00 am

One killed at protests against Tia Maria copper project in Peru

Farmers, anti-mining activists and local leaders have opposed the project…

Cecilia Jamasmie | April 23, 2015 | 8:03 am

Chile to fine Barrick over ten new environmental violations

The country's Superintendence for the Environment (SMA) also said the…

Cecilia Jamasmie | April 23, 2015 | 3:11 am

Japan to restart two nuclear reactors by June

For now, all of Japan’s 48 commercial reactors remain offline…

Cecilia Jamasmie | April 22, 2015 | 11:58 am

Goldman Sachs says buy gold. Right now!

The investment bank argues that gold is not a good long-term investment, but offers a compelling medium term trade.

Frik Els | March 28, 2012 | 8:00 pm

AuRico Gold dumps Australian mines for $105 million

AuRico Gold pulled the trigger on its Australian operations on Tuesday, selling the Stawell and Fosterville mines to Crocodile Gold Corp for up to $105 million.

Andrew Topf | March 28, 2012 | 7:09 pm

In the hole for $18 billion, Rio Tinto finds buyer for Europe alumina business

The world's number three miner bought Alcan's business on the continent in 2007 for $38 billion. So far the $100 billion Anglo-Australian company has been forced to write off $18.2 billion of the purchase price.

Frik Els | March 28, 2012 | 7:05 pm

Baja slides 5% after Boleo update tells of escalating fuel, material and labour costs

Baja Mining (TSX:BAJ) shed 5% on Wednesday on higher than usual trading volumes, after releasing an update on its Boleo copper-cobalt-zinc project in Mexico.

Frik Els | March 28, 2012 | 6:19 pm

American coins to be made out of cheaper materials

Coins in the U.S. are now going to be made out of "cost-effective materials", said Treasury Secretary Tim Geithner.

Michael Allan McCrae | March 28, 2012 | 6:12 pm

Animal poop? Now how’s that for an alternative energy source

Engineers from The Denver Zoo have taken the global concern about an energy crisis a step further by developing a method to use animal waste as fuel.

Cecilia Jamasmie | March 28, 2012 | 2:54 pm

Japan urges dialogue with China on rare earths

Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply

Cecilia Jamasmie | March 28, 2012 | 2:19 pm

Ten-year gold bonanza may be over: CMP Group

Gold prices will remain high this year, but are unlikely to rise above the record high reached in 2011, says the latest report by U.S.-based mining consultants CPM Group.

Cecilia Jamasmie | March 28, 2012 | 1:02 pm

Canada’s Labrador to drive potential iron ore boom in the country

A remote geographic zone straddling Canadian Québec and Labrador areas is causing quite a stir in mining circles due to the large iron reserves waiting to be developed into mines.

Cecilia Jamasmie | March 28, 2012 | 12:38 pm

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