News

Jadar Resource Limited drilled 8 km widely spaced holes which intersect borate and lithium mineralisation, suggesting a potential for a large-scale mineralisation system. Serbian government welcomes battery metals, Rio Tinto to commence development of $1.4 billion lithium borate project. Jadar Resources is a diversified mining explorer holding key Gold/Silver and Lithium/Borate assets in the mineral […]

Bluejay Mining is advancing its Dundas Ilmenite Project in Greenland, which is being developed towards production in the near term. Bluejay said that it has been advised by the Ministry of Mineral Resources that the Dundas Public Consultation process will be tabled at the ministerial meeting. “The Dundas Ilmenite Project has been proven to be […]

Eastern Mining is exploration and development company owned by British company Adriatic Metals. The company is step closer to receiving the Exploitation Permit, as The Federal Ministry of Environment and Tourism has given a positive Record of Decision for an Environmental permit. The Permit has been awarded following the submission of an Environmental Impact Assessment, […]

Medgold Resources Corp. has secured an exclusive option to purchase Fortuna’s 51% interest in the Project for a cash consideration of US$ 3.468 million. Medgold announced that it has entered into a non-binding Letter of Intent with Fortuna Silver Mines Inc. to acquire Fortuna’s 51% interest in the Tlamino Project located in Serbia. The Option […]

The Jadar Resources company drilled two maiden holes for a total of 1238.1 metres at the Rekovac lithium and borate project in Serbia and had made some promising results. This Australian company has discovered lithium and boron deposits on the territory of the Rekovac municipality, not far from Jagodina, which resemble those that the mining […]

Velocity Minerals Ltd. is mining company focused on southeastern Bulgaria where it has discovered new outcropping gold mineralization at the Kazak target area and received additional positive drill results from the Rozino South Zone, both of which are priority exploration targets close to the Rozino Project, Bulgaria. The company is prioritizing exploration in these areas […]

Euro Sun Mining has raised CAD 22.32 million in funding (USD 16.6 mln). The company operates the Rovina gold project and another prospect in Romania and will use the funds for exploration and the development of its mining projects. In 2018, the Romanian Government completed the concession license ratification, allowing the Canadian company to start […]

After entering receivership status in March to be sold to a private investor or declare bankruptcy, the Larco General Mining and Metallurgical Company is one step from closure. The problematic state company suffers losses of $8,000 per ton of nickel output, and with a daily output of 15 tons, the company is posting losses of […]

Anglo Asian Mining PLC is Azerbailan-focused copper, gold and silver miner and has well established and successful track record of exploration and production in Azerbaijan. For the year ended December 31, 2019, the Azerbaijan-focused miner reported a pre-tax profit of US$30.1mln, up 19% on the prior year, while revenues increased 2% to a record level […]

Iran exported only 150t of titanium last year, generating revenues of just US$390,000, according to the ministry. The country has brought a major titanium mine online in the NorthWest of the country and now plans to develop processing capacity there, according to provincial officials. Parisa Abedpour, deputy head of the Ministry of Industry, Mine and […]