Australian company Prairie plans coal mine in Poland
Construction on the mine is expected to start in 2018, with Prairie estimating the coal deposits at 700 million tonnes, of which 140 million tonnes...
Turkey gold miner Pasinex reports 2015 financial results
Pasinex is focused on base metal mining and exploration in Turkey with a priority focus on zinc mining and exploration in Adana province, Turkey. Pasinex...
Russia, Azerbaijan and Kazakhstan determine mining zones in the Caspian sea
The delimination of mining zones in the Northern Caspian Sea between Azerbaijan, Kazakhstan and Russia has been implemented. Oxu.Az reports citing Russia’s Foreign Ministry that...
KAZ Minerals makes strong start to 2016
KAZ Minerals reported total copper cathode sales of 23 kt in the period, and had net debt of $2.43bn (£1.67bn) on 31 March, as well...
Mining threatens Mongolia’s fragile environmental balance
To help entice foreign investment in mining, and in the hope that multinational companies would build much needed infrastructure, the government introduced the Land Allocation...
Kincora Copper Ltd well-positioned as Mongolia interest reawakens
Speculation is also rife that Oyu Tolgoi’s immediate neighbour and joint venture partner Entrée Gold will be taken out some time soon, maybe also within...
Finland court reduces charges, fines Talvivaara bosses for environmental crimes
The court found that operators at the Sotkamo mine had neglected to determine the impact of caustic soda on the facility’s waste water. In addition...
Finnish government plans $113 mln funding for nickel mine
The government took control of the mine last year, aiming to avert a closure at the site in northern Finland where around 950 people including...
EU funds rare earths mining project to cut imports
The I²MINE, or ‘innovative technologies and concepts for the intelligent deep mine of the future’, aimed to secure European access to the 15 lanthanides as...
Russian bank looking to dump Ukrainian mining and metal assets
Vnesheconombank (Russia), which controls some Ukrainian mining and metal assets which it acquired control of as a creditor, including Industrial Union of Donbas, has intensified...