Category: Europe

ArcelorMittal Sells Steel Mills to Liberty House

ArcelorMittal announces it has received a binding offer from Liberty House Group for the acquisition of ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia) and ArcelorMittal...

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Construction Begins at Öksüt

Centerra Gold started construction on its Öksüt Project in Turkey during late March, after receiving the pastureland permit, investment incentive certificate and board approval during the quarter. The site contractor mobilized...

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Firesteel Resources to Restart Laiva Mine in Finland

Firesteel Resources, a Canadian gold mining company with properties in Finland and northwestern British Columbia, plans to bring its Laiva mine on the west coast of Finland into production by August. This mine was previously in...

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KGHM Posts Loss as Copper Prices Rise

In the fourth quarter of 2017, the copper market saw prices grow by double digits compared to the previous-year period, a much-welcomed market development for copper miners worldwide. Poland-based KGHM Polska Miedź Group, one of...

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Regional News – Europe May 2017

Boliden: Mine Production Attains Record Level Boliden’s first quarter report was characterized by strong levels of mined production and stable production at the copper smelters. “The metal prices trend was favorable throughout...

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Eldorado: Olympias Phase II Commissioning on Track

Eldorado Gold Corp. reported that it has received multiple tenders for significantly better concentrate sales terms at Olympias Phase II, where wet commissioning at the project is currently underway. Under the new sales terms,...

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EUROPE – JANUARY 2017

Berkeley Nears Construction Start at Salamanca U3O8 Project • Dalradian Eyes Curraghinalt Mine Development in Northern Ireland
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Sirius Gets Key Approval for York Potash Project

Sirius Minerals has received approval from the North York Moors National Park Authority for the underground mine and mineral transport system that are the key components of its proposed York potash project in North York, England. Sirius expects final details of the project approval process to be completed by the end of September. The company is currently working with its financial advisers to arrange financing for the project.

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Wolf Minerals’ Tungsten-Tin Plant Nears Production

Wolf Minerals Ltd. initiated wet commissioning of the ore processing plant at its Hemerdon tungsten-tin project in southwest England in late June and expects to ship the project’s first concentrates before the end of the third quarter of 2015. Project design calls for plant throughput of 3 million metric tons per year (mt/y) and production of 3,450 mt/y of WO3 and 460 mt/y of tin in separate concentrates.

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Agnico Eagle JV With Orex on Swedish Project

Orex Minerals and Agnico Eagle Mines have formed a joint venture to pursue development of Orex’s Barsele gold project 600 km north of Stockholm, Sweden. The project has an estimated NI 43-101-compliant indicated resource dated November 30, 2012, of 14.1 million mt grading 1.21 g/mt gold for 547,000 oz of contained gold and an estimated inferred resource of 20.2 million mt grading 0.97 g/mt gold for 627,000 oz of contained gold.

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