News

Medgold Resources Corp. announced that with effect of October 12, 2020 it is in receipt of new Exploration Licenses from the Serbian Ministry of Mining and Energy in respect to the Donje Tlamino and Surlica Dukat properties that together comprise the Tlamino Project. These Licenses are each valid for terms of three years and are […]

The experts of Rio Tinto conducted many years of research on the mineral jadarite (sodium-lithium-borosilicate) and found it in 2004 in the basin of the river Jadar, after which it was named. During this, the representatives of the state, together with the authorities from Rio Tinto, announced the construction of a chemical plant for 2021, […]

Over the past 12 months, Turkey has exported extractive industry products worth $4.075 billion. Exports of extractive industry products from Turkey to world markets decreased by 7.3 percent from January through September 2020, compared to the same period last year, amounting to $2.966 billion, the Turkish Trade Ministry told Trend. As noted in the department, […]

Vast Resources’ Romanian portfolio includes an 80% interest in the Baita Plai polymetallic mine. This UK-based company said that its flotation plant at the Baita Plai polymetallic mine in Romania is now fully operational and producing copper concentrate. Vast Resources is on track to surpass its initial copper sales delivery target included in the project […]

A proposal by lawmakers in Spain to amend a draft climate change and energy transition bill that seeks to ban radioactive minerals exploration would be without legal justification, said clean energy company Berkeley Energia. ‘The approval of an amendment of such nature would imply a retroactive measure which expropriates the legal rights of Berkeley with […]

Kvanefjeld Rare Earth Project in Greenland is one of the most advanced rare earth projects globally. The permitting process for Kvanefjeld, requires three impact assessments and supporting studies to be prepared and accepted for public consultation. These include the environmental impact assessment (EIA), social impact assessment (SIA) and maritime safety study – which all undergo […]

Palladium One has confirmed PGE-Ni-Cu (platinum-group-element-nickel-copper) mineralization over 4km of strike length at the Kaukua South Zone which remains open laterally for expansion to the east, west and to depth. All holes drilled in the Kaukua South extension returned PGE-Ni-Cu mineralization and are open along strike and at depth. Palladium One reported drill results from […]

Sukhoi Log, Polyus’ gold mine contains a fifth of Russia’s entire gold reserves. The deposit, said the company, holds 40 million ounces of proven gold reserves as measured by international JORC standards.  Polyus said its giant Sukhoi Log gold deposit in Siberia was the world’s biggest by reserves both among greenfield assets and operating mines. […]

In November 2019, Mundoro Capital granted Vale an earn-in option on four exploration licenses within the Timok Magmatic Complex. Under that deal, Vale can acquire a 75% interest in the projects for total exploration expenditures of $45 million. Mundoro has now expanded its relationship with Vale by signing a binding memorandum of understanding (MOU) on […]

Mineco Limited is implementing its long-term development plan for south-east Europe, where it currently owns five active non-ferrous metal mines independently or with partners, three of which are located in Serbia, while two are in Bosnia and Herzegovina. The company, one of the largest investors in mining in the Western Balkans, continues to invest in […]