Europe

Mining and commodities giant Glencore (LON:GLEN) said Monday it is cutting production and 80% of the remaining staff at its Collinsville mine in Australia’s north Queensland as a result of collapsing coal prices. The cuts would affect around 180...

Rio, which is Australia's biggest iron ore exporter, has been a massive driver of expansions, adding millions of tonnes of seaborne supply to the market in the last year. Rio Tinto (LON:RIO) announced Tuesday fresh cuts to its spending...

Krause and his team, which includes archaeobotanists and a large number of students from Goethe University, have been researching in the area for 15 years. German researchers have detected traces of mining activity in Central Europe dating back to...

K+S Potash to hire 150 workers for its Canada’s Legacy projectWhile some companies in Saskatchewan, Canada’s and the world’s potash heart, are axing production or set to layoff employees, Germany-based fertilizer producer K+S AG is looking to hire hundreds....

Vladislav Zhdanov was appointed as Vice President of ALROSA, starting from 17 November. The competence of Vladislav Zhdanov will lie in economic security of the Company, he will also be in charge of internal audit and monitoring, risk management....

Russia's central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has...

Helena Marjaranta, (FM) has been appointed Vice President, Global Communications at Metso as of December 1, 2015. She will be based in Helsinki. Helena's responsibility area covers external and internal communications. She reports to Urs Pennanen, Senior Vice President,...