News

Mining major Rio Tinto has paid $7.1bn in taxes globally in 2014, despite weaker commodity prices. The company has prepared annual taxes paid report for the past five years, which it provided details of the taxes paid in the...

UK-based investment and capital advisory firm Audley Capital Advisors has signed an agreement to acquire Talvivaara's nickel mining operations in Sotkamo, eastern Finland from its Bankruptcy Estate. Finland, through its wholly owned company Terrafame, also signed an investment agreement...

UK-based Darley Energy has complained to the European Commission at Poland's decision to not award it the potash mining concession, near the Baltic coastal town of Puck. In 2012, Darley bid for the concession, which is expected to be...

Former Xstrata chief Mick Davis's mining company X2 Resources has successfully completed its initial capital raising process and raised $5.6bn in equity capital to use them for mining deals. The company secured the capital from a small number of...

More than 30 people have been killed after an explosion at the Zasyadko coal mine in Donetsk, Ukraine, with at least 14 people injured. According to reports, more than 70 personnel were working at in the mine when the...

Greek subsidiary of Canadian mining company Eldorado Gold, Hellas Gold, has received a formal notice regarding withdrawal of key approval required to complete final construction of the processing plant at the Skouries Project. The notice from the Greece's Ministry...

Australian-UK specialty metals company Wolf Minerals is set to deploy IFS Applications as its ERP system when it opens its first UK mine near Plymouth, Devon. At its Drakelands Mine, the metals company is in the process of developing...