Ukraine coal production drops in 2015
Ukrainian coal mining enterprises in 2015 cut coal production by 38.8% (by 25.236 million tonnes) compared to 2014, to 39.759 million tonnes. A source in...
Category : Mining News
Scotiabank downgrades Dundee shares
Scotiabank downgraded shares of Dundee Precious Metals Inc (TSE:DPM) from a sector outperform rating to a sector perform rating in a research note issued to...
Ariana Resources adds lithium to its portfolio and reports gold deposits at its Turkey Kiziltepe mine
Ariana Resources, Turkey based miner developer, addressing the investors reported that beside lithium exploration it has found significant gold deposits at its Turkey based Kiziltepe...
Euromax Resources Macedonia gold copper project show perspective and gather big equity partners
Euromax Resources gold copper Ilovica project is a first European greenfield mining project in over three decades. Beside EBRD 20% share in the project, Euromax...
Mining in East Europe under impact of market prices volatility
Investors should be proactive and run the process, Roland Haslehner Partner at The Boston Consulting Group. Mining sector is severely impacted by volatile commodities prices....
Akmetal-Pasinex JV Pinargozu zinc mine, high grade zinc material sale deal completed
Turkish Akmetal and Canadian Pasinex Resources continue successfully the exploitation and sale of their high grade zinc mineral material from their joint venture Pinargozu zinc...
Eldorado Gold suspends its Greece mining operations
Canadian miner Eldorado Gold Corp on Monday said it was suspending much of its mine construction and development in Greece after a year of confrontations...
Serbia copper producer Bor company to close unprofitable units in 2016
Mining and Smelting Combine Bor will have to cut all unnecessary costs in 2016. First task of Mining and Smelting Combine (RTB) “Bor” next year...
Gazprom obligations to Serbia, audit of oil-gas agreement?
When GazpromNeft owned Naftna Industrija Srbije NIS confirmed recently that they are giving up on the investment in Novi Sad Refinery, and news appeared in...
Vimetco NV Aluminium Romania Alro reputation challenged with electricity court case
The company is part of the 7th largest aluminium producer worldwide, Vimetco NV, which has operations in Romania, China and Sierra Leone. Alro’s shares are traded...
