Chinese state mining company eyes Serbia new copper gold mine Cerovo
Chinese state mining company eyes copper company Bor minority stake and opening of new Cerovo gold copper mine in Serbia. China’s state mining company Liten...
Serbia Bor copper company reports stable concentrate production in february
Construction of new smelter and sulfuric acid factory in Bor copper company was ended on December 23, 2014 and it costed 251 million euro. The...
Total, Key Petroleum, Spectrum wants Bosnia oil exploration concessions
After the oil giant “Shell” abandoned the project of the exploration of the potential sites for oil and gas in the territory of FBiH it...
Lukoil Romania Petrotel oil refinery prepares for Iran oil
Lukoil is the largest private oil and gas company in Russia, present in Romania since 1998, when it acquired the refinery Teleajen. In its 18...
Albania chromium mines face closure
After oil extraction companies, mining enterprises also have begun to reduce the level of processing, and even close businesses. Martanesh area, which accounted for about...
Oil and gas company MOL cuts CAPEX, focus on projects in Croatia, Russia, Pakistan
Field development will focus on Hungary and Croatia — projects that MOL said “are robust even at $30/b” — but will also continue in Russia’s...
Serbia Lece gold mine in the hands of a phantom company from Dubai
Life Stone Capital from UAE Dubai extended the contract on the lease of the gold mine Lece, previously owned by Farmakom company. Thus this mysterious...
New Bulgaria plant for casting of iron and steel
A huge super modern plant for enrichment of iron ore and casting of iron and steel will be built in the coming years on the...
OMV Petrom & Exxon oil gas exploration in Black sea Romania
OMV Petrom and America’s ExxonMobil have successfully finalized the second drilling campaign in the Neptun block where the two companies have invested a total of...
CSO response to the council mandate agreed by Coreper on 17 December 2015
The devastating impacts of the trade in minerals linked to conflict and human rights abuses are well documented. The problem has not gone away. A...