News

BHP, the largest Australian miner, has struck a new deal to explore for copper in Serbia as it accelerates efforts to boost its exposure to metals that will be vital to building electric cars and green energy technology. The Melbourne-based mining giant’s agreement with Canada’s Mundoro Capital gives it the option to take a stake […]

Dundee Precious Metals Inc. has released an updated mineral resource and mineral reserve estimate and said it sees additional production over the life of its Ada Tepe gold mine in Bulgaria. Highlights of the new life of mine plan include an estimated increase in recoverable gold to concentrate of approximately 66,000 ounces and higher average gold […]

Dundee Precious Metals Inc. discovered a high-grade deposit at the Čoka Rakita exploration prospect in eastern Serbia and expects “exceptional results” from recent drilling. The company announced Monday it found a shallow-dipping tabular body between 250 and 450 metres below the surface, drilled over an area measuring 500 metres long, 250 metres wide and up […]

You could be forgiven for thinking plenty about Adriatic Metals seems a little unfashionable. Its flagship Vares project is rich in silver, a precious metal commonly boasting the less than complimentary moniker of gold’s ‘poor cousin’. Vares’ location? Bosnia and Herzegovina, one of the former Yugoslavian states which disintegrated into separate countries around the war […]

LKAB has identified significant deposits of rare earth elements in the Kiruna area, metals which are essential for, among other applications, the manufacture of electric vehicles and wind turbines. Following successful exploration, the company today reports mineral resources of rare earth metals exceeding one million tonnes of rare earth oxides and the largest known deposit […]

Fluor Corporation has received a contract to provide engineering, procurement and construction management services (EPCM) for the Skouries gold-copper mining project in Greece. The contract has been awarded by Hellas Gold Single Member, a wholly-owned unit of Eldorado Gold. Under the contract, Fluor will be responsible for infrastructure, non-process facilities, process area and tailings filtration. Located […]

Adriatic Metals has passed the halfway mark on construction of its high-grade Vares silver project in Bosnia & Herzegovina with its financial future secured following draw down of its first US$30m tranche from a $142.5m debt package. The Balkans-focused, ASX-listed company opened its coffers to the $30m injection via senior secured debt with Orion Resource […]

Central Asia Metals has provided a Q4 and full year 2022 operations update for the Kounrad dump leach, solvent extraction and SX-EW copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in North Macedonia.In 2022 summary there were zero lost time injuries (LTIs) at Kounrad and two LTIs at Sasa. There was record copper […]

Dundee Precious Metals reported on Tuesday that in 2022, the company produced 273.1 koz of gold, achieving annual production guidance of 250 – 290 koz of gold. However, according to a press release, the company’s full year 2022 copper output of 30.8 million pounds was slightly below the guidance of 32 – 37 million pounds. […]

If, in addition to 11,400 tons of metal lithium, 100,000 electric cars were produced annually in Serbia, this would increase carbon dioxide emissions by at least 1.15 million tons or by an additional 3.5 percent. In addition to the justified concern for damage (pollution of underground and surface water, devastation of forests and agricultural land) […]