News

Tajmiste is a North Macedonia’s company active in the mining, hospitality and metal products industries. The company said that the North Macedonia’s government has terminated the concession agreements for iron ore exploitation at the Tajmiste site and for the exploitation of mineral resources – dolomites and dolomite limestones at the Bigor Dolenci site. The concession […]

Tethyan Resource Corp. is going to acquire Tethyan Resource Corp. and the company announced the execution of a binding letter agreement pursuant to which Adriatic Metals PLC will acquire 100% of the issued share capital of Tethyan, by way of a Plan of Arrangement under the Business Corporations Act, and has provided funding to complete […]

With the gold producer noting that ore production was at a record level last quarter and gold output 14% was ahead of guidance, Ariana Resources continues to mine strongly from its Kiziltepe mine in Turkey. In a statement, Ariana managing director said Kerim Sener work at the mine has continued uninterrupted through the coronavirus crisis, […]

According to a recent statement issued by the company Rare Metal Mining, they discovered large gold and copper ore bodies near Oyu Tolgoi, in Mongolia. The company recently signed a joint venture with MarketPeak and Rare Metal Mining after discovering large gold and copper ore body which covers a majority of the 2,398 hectares. The […]

This is believed to be Europe’s largest deposit of the battery metal. European Metals Holdings’ shareholders have approved a major investment in the company’s Cinovec lithium and tin project in Czech Republic. Cinovec is now fully funded up to the decision to construct, EMH said, paving the way for the project to become the first […]

Zijin Bor Copper intends to open an underground mine at Cukaru Peki, along with processing and tailings disposal facilities, CPM Consulting said. In January, Zijin Mining Group said it expects the Cukaru Peki Upper Zone mine in Serbia to reach production target in 2023. Zijin Bor Copper, the Serbian unit of China’s Zijin Mining Group, […]

Adriatic has already received approval from a total of nine different utility and community service companies for its project, which should expedite the approval of the Urban Planning Permit. After navigating a plethora of Bosnian statutory approval labyrinths, Adriatic Metals is nearing the end of the maze after receiving a coveted and positive “record of […]

The Chinese group injected $350 million in the capital of Serbian copper mining and smelting company RTB Bor in December 2018, acquiring majority ownership, and renamed it to Zijin Bor Copper. Serbian energy minister Aleksandar Antic has said that the Serbian unit of China’s Zijin Mining Group – Zijin Bor Copper plans to invest $800 […]

Serbian Mining and Energy Minister Aleksandar Antic said that the production of copper and all associated ores is proceeding according to the planned dynamics and that there are no major disruptions of these processes.   He met with Gian Simin, CEO of Serbia Zijin Bor Copper, and Fu Feilon, CEO of Rakita Exploration, (a company […]

While most workplaces outside those involved in the delivery of frontline emergency services, food and medicines have closed in response to the Government’s imposition of new public health guidelines its Swedish owner Boliden told its employees it had decided to reopen Tara Mines. The mine will resume production on the grounds that the zinc and […]