Europe Top Stories

Eric Coffin: is market sentiment shifting to gold?

So where do investors go looking for returns? Eric Coffin…

Most copper producers in Zambia losing money — Chamber of Mines

The situation may soon change, as authorities have began talks…

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Xstrata and Glencore to close $90bn merger

After months of speculations and secret negotiations, Xstrata PLC (LON:XTA) and Glencore International PLC (LON:GLEN) have formally announced an all-share merger that would create a $90bn giant named "Glencore Xstrata International PLC."

Hellenic Copper utilising Hitachi fleet in Cyprus

Two large Hitachi excavators are bringing advanced technology to an ancient copper mine in Cyprus. The ZX870LCR-3 and ZX470LCH-3 have been working at the site, which dates back more than 4,000 years, since early 2011. Cyprus was the main source for the...

Centerra Gold Kumtor Mine work stoppage

TORONTO, CANADA--(Marketwire - Feb. 6, 2012) - Centerra Gold Inc. (TSX:CG) announced that the unionized employees of its Kumtor operation in the Kyrgyz Republic have begun an illegal strike.

Downer awarded $570 million mining contract

Downer EDI Limited (Downer) today announced it has been awarded a six year magnetite mining contract with Karara Mining Limited (KML) for the provision of services at the Karara Iron Ore Project in Western Australia.