Europe

At its meeting held on December 22, ALROSA Supervisory Board reviewed and approved the budget of the Company and ALROSA Group for 2016. The 2016 mining operations plan is drawn up in accordance with ALROSA's Long-term Development Program. Diamond production by ALROSA Group is expected at up to 39 million…
Kyrgyzstan freezes talks with Centerra Gold on Kumtor Kumtor gold mine. The Kyrgyzstan government halted Tuesday talks with Canadian miner Centerra Gold (TSX:CG) over plans to restructure their joint Kumtor project, saying the current deal "ran counter to the country's national interests," local News Agency 24 reports. The announcement comes barely…
Former Aussie coal magnate Nathan Tinkler buys Anglo American mineNathan Tinkler was once Australia's youngest billionaire, but lost it all when coal prices crumbled. (Image from archives) Australian electrician turned mining entrepreneur, Nathan Tinkler, is once again trying to come back to the coal industry after signing a deal to…
Sirius Minerals to supply 500,000 tonnes of fertilizer a year to Chinese firmAerial image from north of York potash mine site. (Courtesy of Sirius Minerals) London-listed Sirius Minerals (LON:SXX), the company building a potash mine beneath a U.K. national park, has secured an offtake deal with Huaken International, one of…
Mining projects worth $56 billion to come on stream in PeruMMG’s gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year. Mining projects worth more than $56 billion are expected to come on stream in Peru beginning next year, led mostly…
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