Eldorado demands $877m from Greece as compensation for permit delays

Having trouble viewing this email?  View online Europe News Digest Friday 28 September 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Eldorado demands $877m from Greece as compensation for permit delays The non-judicial request relates to damages suffered by the company as a result of a longer-than-expected wait for its Skouries project's permits. read » Glencore to double size of $1B share buyback program Moves follows a growing number of world's top miners returning more money to investors this year. read » Rio Tinto's exit from coal pays off, returns $3.2B to shareholders The fresh round of returns follows Rio's promise in August to give shareholders up to $7 billion through dividends and share buybacks. read » Top nickel miners ranked Vale on top. read » K+S halts production at 2nd site as severe drought drags on Hattorf is the second site the company has had to shut down in the last two weeks due to a severe drought affecting Germany, especially in the northern and eastern parts. read » Luxembourg's mining-focused Space Agency ready to lift off Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects. read » Orion's $407m takeover bid for Dalradian Okd Deal gives Orion mine access to mineral rights for more than 80,000 hectares of land in Northern Ireland, which includes one of the world's top ten undeveloped gold deposits by grade. read » Chaarat Gold ups Kyrgyz Republic project resource by 46 pct The Central Asia-focused explorer and developer said Tulkubash's measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold. read » Zijin wins race for Serbia's largest copper mine RTB Bor copper mining and smelting complex was crucial for the country before the collapse of communist Yugoslavia. read » Canadian cobalt company says thieves stole 76 tonne hoard Cobalt 27 stockpile worth $5 million stolen from Rotterdam warehouse. read » Old coal mines in Glasgow to host geothermal research lab Can old coal mines generate harnessable low-carbon heat for domestic use? read » Chaarat Gold to buy polymetallic project as part of buying spree Junior continues to pursue $800-million acquisition of Centerra Gold's Kumtor mine in Kyrgyzstan. read » KGHM to go ahead with $2bn expansion of Sierra Gorda copper mine in Chile Expansion and upgrades would extend the mine's life by 21 years. read » Greece expects one-month extension in coal-fired plants tender Greek utility Public Power Corp. (PPC), which is 51 percent state-owned, is selling three coal-fired plants and one still to be built. read » Russia's Petropavlovsk sees net profit next year as key project boosts output Petropavlovsk swung to a net loss of $24.8 million in the first half on rising costs and lower sales but declined to give a forecast for the full year. read » Mining tech firm Outotec to pull out of Iran Finnish mining technology company Outotec will pull out of Iran due to the new U.S. sanctions. read » Nyrstar profit warning highlights zinc's disconnects Belgian zinc producer Nyrstar issued a profit warning last week, citing "adverse market conditions". read » Germany's move to scrap coal is said to boost cost for taxpayers Chancellor Angela Merkel's plan to close Germany's remaining coal-fired power stations will drive up subsidies for regions that mine the commodity. read » Shanghai sets challenge to New York, London in copper options debut Almost 18,000 lots traded in debut day, equal to 90,000 tonnes of metal. read » Deep sea robots reveal mineral riches in the abyss The scientists, from the University of Bergen in Norway, are sending robots 2,500 metres (8,000 feet) down into the waters between Norway and Greenland. read » VSMPO-Avisma and Boeing launch new titanium joint-venture in Russia VSMPO-Avisma, the world's largest titanium producer, and US planemaker Boeing have launched a new manufacturing unit in Russia. read » Czech coal baron says island home protests are PR stunt by rival Zdenek Bakala claims the people who marched through the streets of the coastal Hilton Head Island resort chanting "Bakala is a creep! He'll steal your home while you sleep!" were actually paid by a rival to harass him. read » Alkane to go underground at Tomingley and looking for more gold Alkane's Board has approved the development of the underground mining operations at its Tomingley Gold Operations. 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. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Europe News Digest". You mayunsubscribe at any time. 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