News

When you think globally about gold and historical mining districts, places such as Timmins and James Bay in Canada, or Kalgoorlie in Western Australia come to mind. Europe gets overshadowed by these giants but did you know Romania has the second largest gold deposit in the European Union? Euro Sun Mining Inc. is a Canadian […]

China’s acquisition of the Mining and Smelting Combine (RTB) in Bor is just one in the series of Chinese investments in the countries of the former Yugoslavia, under the One Belt, One Road strategy – the renowned French daily, Le Figaro writes. After 20 years of agony and futile attempts to privatize RTB Bor, Chinese […]

Australian mining group Raiden Resources said it plans to launch a diamond drilling programme at its Donje Nevlje copper-gold project in southern Serbia in the second quarter of 2019. The 1,500-metre diamond drilling programme aims to evaluate porphyry and epithermal mineralisation prospects and will be based on the modelling of the induced polarization (IP) data over the Donje Nevlje anomaly, Raiden said […]

Another record-breaking annual production for the Gross Mine in 2018 and further investment in 2019   The lead and zinc mine Gross PJ Srebrenica continues to mark record ore production year after year, producing 356,000 tonnes in 2018, shows the annual report on the mine operations. In addition to record production, the Gross mine dedicated […]

Canada-based Euro Sun Mining has explained its decision to design its Rovina Valley gold project, in Romania, as a so-called “green” gold project, without the use of wet tailings facilities and cyanide. In a statement addressing “many questions” from shareholders following the February release of a preliminary economic assessment (PEA), Euro Sun CEO Scott Moore said that […]

Euro Sun Mining Inc. announced it has filed the National Instrument 43-101 compliant Technical Report for the Preliminary Economic Assessment (“PEA”) for the exploitation of the COLNIC open pit; the initial phase of development of its Rovina Valley Project. The technical report also includes an updated Resource Estimate for the Rovina Valley Project utilizing updated […]

Alacer Gold Corp. announces a 117% increase in the Ardich indicated mineral resource in the Çöpler Mining District of Turkey and also issued an updated prefeasibility study for the Gediktepe project in the country. Alacer lists an additional 345,000 contained gold ounces in the indicated Ardich resource, which it now has 639,000 ounces of gold […]

Dual-listed Galantas Gold is expanding capacity of the processing plant at its Omagh mine in Northern Ireland, with the goal of producing 2,000-2,5000 ounces of concentrate per month in the 2020-21 financial year. The company, which is already running an extended dayshift, plans to add a second milling shift late in the June quarter. More shifts will […]

Sotkamo Silver begins concentrate production at its Silver Mine project in the municipality of Sotkamo in eastern Finland On March 27, 40 years after discovery of the deposit, Silver Mine was officially opened. The opening ceremony was attended by Finnish prime minister Juha Sipilä and another 240 guests. At the event, mining and processing technology […]

Beowulf Mining PLC said it has sent a letter to the Swedish Minister of Enterprise & Innovation to get further clarification about its application for an exploitation concessions for the Kallak iron ore project. In the letter, Beowulf lamented that it first submitted its application in April 2013 and has watched its case be sent […]