British base metal miner Mineco plans to invest $1 million (884,132 euro) in the overhaul of equipment at Veliki Majdan lead and zinc mine in Serbia this year, the company said. The company also plans exploration works in the Kosjeric and Veliki Majdan fields, as well as continued industrial and technological copper ore exploration, Mineco said in a statement […]

The Canadian company Velocity Minerals is now the majority owner of the Rosino deposit, part of the Tintyava area, located on the territory of the municipalities of Ivaylovgrad and Krumovgrad. According to the company’s official announcement, Vancouver-based company is now the owner of 70% of Tintyava Exploration, and its Bulgarian partner Gorubso-Kardzhali holds the remaining […]

Chaarat has signed a binding term sheet to enter into a joint venture with Turkey-based mining and mine construction contractor Çiftay İnsaat Tahhüt ve Ticaret AS, to collaborate on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic. Çiftay, a partner since 2017, which mobilised equipment to the Tulkubash site in the Chatkal Valley last […]

A junior mining company, Lydian International, announced that a pair of its subsidiaries have put the Republic of Armenia on notice of a dispute under that country’s bilateral investment treaties with Canada and the United Kingdom. Lydian’s 100%-owned Amulsar Gold Project, in south-central Armenia, has been besieged by protests since mid-2018, with access blockades preventing further construction […]

W Resources is about to make a name for itself as a serious European-based supplier of tungsten First tin and tungsten produced late in 2018 Plant construction and installation nearing completion Significant revenues and profits expected this year Other development assets progressing   What does W Resources do? W Resources PLC is a long-standing constituent […]

A group of residents have lost their High Court battle over proposals to build a major gold mine in Co Tyrone. Greencastle, Rouskey, Gortin Concerned Community (GRG) were challenging the Department for Infrastructure’s decision to consider a planning application from Canadian firm Dalradian. The group claimed preliminary consultation over the largest project of its kind […]

The deep diamond hole has extended mineralisation in the central portion of the Stockwork Hill deposit at Kharmagtai. Xanadu Mines Ltd is confident that the discovery of a zone of bornite gold-rich porphyry mineralisation at the Kharmagtai Copper-Gold Project in Mongolia will result in a resource increase. Investors share the company’s confidence with stock rising […]

In the shadow of the daily political problems, the countries of the region avoid adopting a strategic decision, based on a basic consensus – will their countries move forward with the development of agriculture and eco-tourism or heavy mining industries? Ilovica-Štuka “Gordian Knot” This issue is especially important in Macedonia, where citizens in a local […]

The Veliki Majdan lead and zinc mine near Ljubovija, which is majority owned by the British company Mineco, has operated steadily and successfully in 2018, a year in which it managed to fulfil its production plan, carrying out exploration works and modernizing its equipment. In the tenth year since production restarted, about 6,700 tons of […]