Cooper-gold exploration company, Raiden Resources, operates in Eastern Europe. Its tenements are located in Serbia & Bulgaria, which remains a low cost, mining friendly jurisdiction with relatively underexplored areas.  The company has a market capitalisation of ~A$3.69 million, with approximately 410.43 million shares outstanding. On 20 August 2019, the company released a presentation titled ‘Growth […]

  European Metals has been granted an exploration licence extension at the Cinovec lithium-tin project, a deposit based in Prague, Czech Republic. The Cinovec exploration licence covers two granted preliminary mining permits (PMPs). The company noted that the PMPs give the company the sole and exclusive rights to apply for a Final Mining Permit. However, […]

  Armenia audit finds no grounds for criminal prosecution of gold miner Lydian The mine is located in Armenia’s Vayots Dzor Province, home to many tourist attractions such as Vayk mountain range. Toronto-listed Lydian International Limited announced on August 14 that an environmental audit commissioned by the Armenian government has found no grounds for a […]

  A Chinese company has suspended its operations at a Kyrgyz gold mine after clashes ensued between local residents and company workers. Deputy Prime Minister Kubatbek Boronov said on August 7 that the decision to suspend the activity of the Zhong Ji Mining company was made after tests performed in the area by an environmental […]

  Eurasia Mining PLC said good progress is being made at the Monchetundra mine, including the recent award of a construction contract. Chinese firm Sinosteel has been awarded the engineering, procurement, and construction deal, with Eurasia currently working to get the project into production after the granting of a mining licence. Sinosteel is to provide […]

  Thousands of people are protesting against the installation of a gold mine in the province of Çanakkale in northwestern Turkey, after images of deforestation carried out for the project were shared online. We spoke to a protester who said residents feared the Canadian-owned mine would contaminate their water. The mining company Alamos Gold Inc. […]

  Bulgaria’s government said on Wednesday that it has extended the term of a minerals mining concession for the Ovcharovo deposit held by local Vatia Holding by 15 years. The extension was requested by the company which considers that the deposit still holds significant resources, the government said following its weekly meeting. The 20-year concession […]

  Bluejay Mining PLC has received an export licence from authorities in Greenland, it said on Monday, for bulk sample material. Shares were 12% higher in London on Monday morning at a price of 6.73 pence each. The 40,000 tonnes of material, from the Dundas ilmenite project, will be processing at Bluejay’s pilot plant in […]

Conroy Gold has discovered gold at two separate drill holes at Slieve Glah, Co. Cavan. The company, which focuses on gold exploration and development in Ireland and Finland, announced two ‘scout’ holes in Slieve Glah at target area 1 of its exploration property in border region had both intersected gold. The newly identified gold mineralisation […]