Europe Top Stories

China to soon lift restrictions on rare earth exports

Export taxes to remain at 15% – 25% until at…

Up to 700 jobless as Patriot Coal idles mines in western Kentucky

The coal miner, which emerged from bankruptcy only a year…

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London Mining delays first Marampa shipment

The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax sized vessels.

Norilsk sees platinum group metals demand rising 5% next year

OAO GMK Norilsk Nickel, the world’s biggest producer of nickel and palladium, predicts demand for platinum group metals will rise as much as 5 percent next year, exceeding increases of as much as 3 percent for copper and nickel, as the global economy avoids a slump as severe as that seen in 2008.

China Development Bank loans millions to Kazakhstan copper company

China Development Bank (CDB), one of the country's three policy banks, has signed two agreements with Kazak copper giant Kazakhmys PLC, granting the mine and refinery operator 1.34 billion U.S. dollars and 1 billion yuan (158 million U.S. dollars) for a new project.