News

The British company Mineco Limited, one of the largest mining investors in Serbia and the Western Balkans, is pleased with its results in 2018, although in the second half of the year prices on the international market of non-ferrous metals decreased, which directly affects the mines in the group, resulting in lower revenues. “After we […]

Western Australia-based European Metals received an offer from Krupa Global Investments to purchase the Cinovec lithium deposit, which is located northwest of Prague. Cinovec is the largest lithium deposit in Europe. According to the firm, it did not give consideration to this indicative offer because the letter from Krupa Global Investments did not detail price, […]

Environmental activists from Spain and Portugal have said they will create a human chain to protest against a planned uranium mine near the border between the two countries. The Stop Uranium Platform Campo Charro group, one of those campaigning against the planned Salamanca mine, said the chain would symbolise the unity of the Spanish and […]

The upgraded resource, which now stands at 101mln tonnes at 7.1% ilmenite, comes as the group prepares to publish a pre-feasibility study in the first quarter of 2019. BlueJay Mining PLC has upgraded the resource for its Dundas Ilmenite project in Greenland. The AIM-listed firm said in December that the updated JORC compliant mineral resource […]

Dimitri Lascaris: This is Dimitri Lascaris reporting for The Real News Network from Montreal, Canada. This past October, The Real News was in Thessaloniki, Greece to report on the prosecution by the Greek state of 21 local residents charged with various criminal offenses in connection with an alleged arson at the gold mine of Eldorado Gold […]

Company Zijin, the majority owner of RTB Bor, became the new owner of the Canadian company Nevsun, which has investigation rights at the nearby Čukar Peki site. It is one of the richest deposits of copper and gold in the world. The Chinese company announced that the bid for the purchase of all issued shares […]

The new gold mine in Krumovgrad boasts environmental performance and social responsibility, yet there are black spots along the path of the Bulgarian gold around the globe. The technologies applied in the new gold mine in Krumovgrad rate among the most advanced in the world, states Lyubomir Haynov, Operation Director of the local branch of […]

Dundee Precious Metals’ Chelopech mine and smelter, in Bulgaria, achieved another record year of gold production, at 201 100 oz, in 2018, exceeding the company’s guidance of 190 000 oz to 200 000 oz. Moreover, copper production of 36.7-million pounds was in line with guidance of 35-million to 38-million pounds. Chelopech’s production performance was attributed […]

If you’re looking for a revolution, sign up for notifications from your embassy. The messages pinging on smartphone screens that night in October began not long after stepping into the evening streets around the Yerevan Cascade, warning of impending demonstrations outside the Armenian parliament. To be sure, the flashing blue and red sirens and thousands […]

Zijin Mining Group, China’s largest gold miner, said it plans to issue 8 billion yuan (US$1.16 billion) worth of shares in Shanghai to finance the purchase of a Canadian mining company, the biggest overseas acquisition since the company went public in Hong Kong in 2003. The miner said in a Hong Kong filing Tuesday filing […]