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Belgrade
13/04/2024
Mining News

First ore concentrate produced in Vares project, Bosnia and Herzegovina

On February 27th, 2024, Adriatic Metals BiH proudly announced the successful production of the inaugural ore concentrate within the Vares project in Bosnia and Herzegovina. The Vares ore processing facility is set to progressively increase its capacity in the upcoming months, aiming for a nominal processing capacity of approximately 65,000 tons per month by the fourth quarter of 2024.

Expressing his satisfaction, Paul Cronin, the general manager of Adriatic Metals BiH, shared, “I am delighted to inform the public about another pivotal achievement in the production of the first concentrate within the Vares Project.” He highlighted the advanced technology employed in designing and constructing the ore processing plant, emphasizing adherence to the highest health and safety standards. Cronin extended his gratitude to the dedicated team for their hard work.

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This milestone marks a significant success not only for Adriatic Metals BiH but also for the local community in Vares and the broader state of Bosnia and Herzegovina. The Vares project stands out as one of the most substantial post-war investments in the country, promising substantial economic and social advantages.

Throughout the project, Adriatic Metals BiH has committed to local employment, collaboration with regional suppliers, engagement with authorities at all levels, and the utilization of cutting-edge mining technology. This comprehensive strategy not only stimulates economic development but also ensures enduring benefits for the Vares community long after the mine’s operational life.

Looking ahead, the company plans to continue optimizing the processing plant and expanding underground operations in the coming months to achieve the targeted nominal production capacity by the fourth quarter of 2024.

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