Luxembourg becomes first European country to pass space mining law

Having trouble viewing this email?  View online Europe News Digest Friday 28 July 2017 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Luxembourg becomes first European country to pass space mining law The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission. read » Fresnillo silver, gold output jump on San Julian ramp up, higher ores For the three months to June 30, silver production totalled 14.5 million ounces, a 12% rise from last year, while gold output was 223,000 ounces, up 2.7% from a year earlier. read » Caterpillar earnings beat estimates, shares hit five-year high This is the second time this year the equipment giant boosts sales and profits forecast. read » Kumba resumes divvy thanks to stronger iron ore prices in first half Shareholders hadn't received dividends since 2015, when iron ore fell below $40 a tonne amid a global crash in commodity prices. read » South Africa labour disputes weigh on Petra Diamonds results Labour disputes earlier in the year caused delays in the building of a new plant in its Cullinan mine in South Africa. read » World's top diamond miner Alrosa output up 14% in first half of 2017 The Aikhal division accounted for more than a third of the company's total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase. read » Luxembourg shoots for the stars with fresh space mining deal The country's ultimate objective is to have its own space mining agency by the end of the year. read » New African rare earth mine to start production by year-end Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year. read » US steel production falls back in June After strong start to 2017, US steel output growth for the first six months slows to just 1.3%. read » Centerra gets some breathing room in dispute with Kyrgyz Republic The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country. read » The world's largest diamond miner just found two massive rocks Both rocks, said ALrosa, are believed to be gem-quality. read » Rio Tinto axes iron ore export forecast for the year It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes. read » World's second-largest diamond 'too big' to sell Lucara Diamond's Lesedi La Rona is said to face challenges other rock never do, including its multi-million-dollar price tag and a risky polishing process that can take months or years. read » Polyus grabs all of legendary Sukhoi Log gold deposit First discovered in 1961, Sukhoi Log in eastern Russia holds 62.8 million ounces of gold. read » Rio Tinto in search of the next Escondida mine in Chile The so-called Palmani project aims to discover and characterize the mining potential of an area located in Chile's extreme north, at about at 2,100 metres of altitude. read » Saudi Ma'aden to develop Mansourah, Massarah gold mine- sources Ma'aden operates six gold mines in the Central Arabian Gold Region, western Saudi Arabia which contains much of the Kingdom's gold rich ore deposits. read » LME favourite to clear for new base metals platform NFEx -sources NFEx says in talks with several clearing houses read » Alrosa has sold $2.5 billion in diamonds so far this year The world's largest diamond producer by output said market has refound its balance. read » Alternative fuel system for Kiln Riser Duct firing at CRH Slovakia In 2017 A TEC and CRH Slovakia have installed an alternative fuel system for kiln riser duct firing in Turna Nad Bodvou, Slovakia. read » DMT explores subsoil in the Dead Sea The world's 8th largest potash producer, the Jordanian firm Arab Potash Company Ltd., is engaging the services of the German engineering and exploration company DMT for a ground survey at the Dead Sea. read » Eldorado finishes Integra Gold acquisition, expands operations in Canada Deal gives Eldorado full ownership of the Lamaque project near Val-d'Or, Quebec, which is expected to produce 123,000 ounces of gold at all-in sustaining costs of US$634 per ounce over 10 years. read » Read more Europe news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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