Europe

Deep-sea mining pioneer now hunts for resources in space

Mining entrepreneur Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals (TSX:NUS), is taking his knowledge and vision to a whole new level, literally. He has joined the board of Deep Space Industries (DSI), a privately-held U.S. company planning to mine...

GW4 Alliance project aims to produce clean water from Cornish tin mine

GW4 Alliance has initiated a new research project that uses algae to harvest precious heavy metals and produce biofuel while cleaning up water at a Cornish tin mine. GW4 consists of South West and Wales' research-intensive universities, Bath,...

Sandvik relocates global equipment unit to India and China

Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) has unveiled plans to relocate its various global mining equipment facilities to India and China from the U.S. and Europe, as part of a two-year business reorganization set to conclude in...

ABB unveils SmartVentilation system for mines

Power and automation technology group ABB has unveiled its SmartVentilation system, which supplies fresh air and vents toxic gases from subterranean mines.   As the new system has the ability to work 'on-demand' it is expected to reduce a...

Uralkali to commence repair works at damaged Solikamsk-2 mine

Russian potash producer Uralkali has announced plans to carry out repair work at the damaged Solikamsk-2 mine, after flooding halted production last week.   Due to water inflow at the mine, a 30m by 40m sinkhole is said to...

Central Rand Gold signs MoU with Hiria for potential sale of Netherlands subsidiary

Central Rand Gold has signed a non-binding Memorandum of Understanding (MoU) with Hiria that may result in the sale of its Netherlands subsidiary for $150m.   Central Rand Gold owns mines and prospecting areas around Johannesburg and its Central...

Lundin Mining buys 80% stake in Candelaria Mining for $1.8bn

Canada-based diversified base metals company Lundin Mining has completed acquisition of an 80% ownership stake in Candelaria / Ojos del Salado copper mining operations for $1.8bn from Freeport-McMoRan.   As part of the deal, Lundin Mining has acquired mine...

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