Euroasia Mining 10y project producing platinum in Russia
Eurasia Mining is aiming to establish a minimum 10 year project producing platinum in its Russia property West Kytlim project. Russia-focused PGM explorer and developer...
US BNK Petroleum to sell its Poland Slupsk oil gas concession
BNK Petroleum announced that it has filed the paperwork necessary to relinquish the Slupsk concession in the Baltic Basin of Poland and intends to shutdown...
Ukraine oil company Ukrnafta wants international capital for further investments
Ukrnafta oil company plans accessing international capital for further investment. Ukrnafta’s new management team delivered a long-term strategy to the company’s Supervisory Board for their...
Bankers Petroleum to resolve tax dispute with Albania
Bankers obtained a commitment from the Albanian natural resources agency to engage a third-party international auditor to resolve the tax dispute in September 2015, with...
Russia Alrosa increase reserves with new completed exploration projects
Alrosa highlighted the completion of the process of calculating reserves of its Mayskoe deposit, and the Dalnyaya, Nyurbinskaya and Botuobinskaya pipes. Russia’s Alrosa (MCX:ALRS), the...
Hungary oil company MOL plans to reduce investments abroad, focus on assets closer to home
MOL Group CEO, Mr. Zsolt Hernádi is on and off the Interpol wanted list. Hungary’s courts willingly cleared him of any wrongdoing, but the stubborn...
Lundin oil-mining supports Canadian institute CIRDI, CIRDI and Lundin’s colonial corporate (ad)ventures
CIRDI’s (Canadian International Resources and Development Institute) largest corporate donor is the Lundin Foundation, set up by the Lundin family (hailing from Sweden, but currently...
Reputation impact on Barrick Gold latest Argentina environment incident
Reputation beyond borders in mining industry brings another pan world case of bad reputation in mining industry. Social networks of environment groups are transmitting the...
Mawson Resources Finland Palokas gold property update
In August 24 2015, the Company announced that it had requested a police investigation into certain accusations made by an NGO about the Company in...
Bulgaria anti-trust regulator opens cartel investigation against petrol retailers, refinery
The retailers covered by the cartel investigation were: Shell Bulgaria (a subsidiary of Royal Dutch Shell), OMV Bulgaria (owned by Austria’s OMV), Rompetrol Bulgaria (part...