China’s Zijin Mining Group plans to build a copper smelter at the Majdanpek open pit mine in Serbia, energy minister Aleksandar Antic has said. “We expect Zijin to apply for approval of the construction works by the end of this year. We hope that by then, first activity on the project will be launched,” Antic […]

Albania’s chromium industry is growing thanks to the expansion of new investments, and the production of this metal in 2018 has grown at the fastest pace in the previous decade. Official data from the National Natural Resources Agency shows that chromium production reached over 1.1 million tonnes last year, up 43% from 2017. Compared to […]

The highest net profit in 2018 in Serbia, according to statistics of the Business Registers Agency, was made by RTB Bor with 90 billion RSD. However, this business result is not the result of the takeover by the Chinese company Zidjin because it refers to the period when RTB Bor was still owned by the […]

In a fierce dispute between mine owners and local people in Armenia, the UK has weighed in – on the side of the international mining company. -In 2018, Armenia underwent its “Velvet Revolution”, which saw a mass protest movement force a kleptocratic regime out of power -Armenia’s revolution has had other effects, such as blockades […]

Chinese mining company “Zidjin”, which owns RTB Bor, will open a new copper mine at the Chukaru Peki site near Bor in the next two years, and an agreement to develop the project, whose initial investment is close to $ 500 million, was signed in China. The memorandum of understanding for the development of the […]

A possible mining boom in Serbia promises generous profits for private companies that will exploit mining resources. Tax incentives, cheap labour and inadequate environmental regulation make rich sites extremely attractive and affordable for exploitation. Ecological disasters and the destruction of nature in Serbia are now hardly surprising. Under the wing of state economic or energy […]

The European Bank for Reconstruction and Development said it will provide €25-million to Kosovo’s sole ferro-nickel producer Newco Ferronikeli to improve environmental standards and energy efficiency. The company which is the largest of Kosovo’s exporters was bought by Albania’s Balfin Group last year in what was seen as a rescue deal aimed to restore production […]

The situation is of utmost concern when it comes to the pollution of Cehotina river polluted by the Lead Mine and Zinc Suplja Stijena and it can be seen at Mjedenichki stream that flows into this river. The water of this stream, which flows from the direction of the Suplja Stijena Mine and flows into […]

Velocity Minerals Ltd.announces that it has received drill results for an additional 27 drill holes completed at the Rozino gold deposit (“Rozino”), southeast Bulgaria.  Drill results continue to expand the mineralized envelope and drilling continues with drill hole RDD-135 in progress.  A third drill rig has been mobilized to site and the drill program is […]