Beowulf Mining remains confident for exploitation concession for its Sweden Kallak North project
Plans for the company’s Kallak magnetite iron ore project in northern Sweden have been thrown into disarray by a judgement in February of the Supreme...
Category : Mining News
Closure of Finland nickel mining company Talvivaara Terrafame?
In recent years Talvivaara has become a byword for environmental negligence, following a series of toxic leaks into local waterways which constituted some of the...
Reservoir-Nevsun equity deal halts Lundin plans for European prime copper-gold Timok-Serbia mine development
Reservoir has exercised its ROFO by making the payment to Freeport of US$135 million and agreeing to the same terms and conditions as those agreed...
Peel Hunt as European project broker, EBRD provides loan for Euromax's Macedonia gold-copper project
The appointment of Peel Hunt will encompass working in collaboration with the Company’s brokers in North America to support an intensive marketing programme over the...
Lundin not influenced by lost opportunity with copper project in Serbia
Nevsun was one of many companies interested in acquiring Reservoir and Timok, Reservoir Chief Executive Officer Simon Ingram said. A tussle for control of a...
Romania: OMV Petrom, Lukoil lose case against Competition Council
Oil & gas company OMV Petrom lost the case against Romania’s Competition Council in which it challenged the highest fine ever issued by the competition...
Ariana Resources to up output after KiIziltepe upgrade
The overall resource is now 195,200 oz gold and 3.15mln oz of silver after an increase of 44,500 oz of gold and 886,000 oz silver. Ariana...
Polymetal to acquire Orion Minerals from Glencore for $100m
Ore processing at the Varvara plant is expected to start within three months once the transaction concludes. Polymetal International has signed an agreement to acquire Orion...
OMV Petrom 1Q consolidation line measures
OMV’s total hydrocarbon production was 303,000 boepd in the first quarter of 2015, 184,000 of which was attributable to OMV Petrom Group, a subsidiary of the company...
Scion Energy Corp to continue oil gas exploration in Bulgaria Black Sea
IEC holds exploration and production permits in Bulgaria, Georgia and Ukraine. Scion’s initial focus is to appraise and develop excellent gas development opportunities with significant...