News

Medgold Resources will drill 5,000 metres at its Tlamino gold project in southern Serbia during its 2019 exploration program, fully funded by Fortuna Silver Mines. Fortuna can earn a 51% interest in the project by spending $3 million on exploration over three years; it can increase its interest to 70% by spending $5 million and completing a […]

Anglo-Australian mining group Rio Tinto is drafting the project documentation for the construction of the Jadar lithium borate mine in Serbia, said the company’s country head for Serbia, Marnie Finlayson. Finlayson discussed the development of the project at a meeting with Serbia’s infrastructure minister Zorana Mihajlovic, the infrastructure ministry said in a press release. “Jadar is a […]

UK-based Vast Resources said that its wholly owned Manaila polymetallic mine in Romania will only be reopened after a corporate restructuring, that is currently being prepared, is finalised. “The board and management have decided to continue to keep the mine on care and maintenance temporarily in order to reduce costs, and to reopen once the […]

Deputy Director of Rakita Gan Jonggang Company said that the stand of the company, which became the owner of the potential mine Cukar Peki near Bor, is that the exploitation of mineral resources implies maintenance of high environmental standards. The company Rakita is a part of the Chinese mining company Zigin. During the symbolic tree […]

The Prospectors & Developers Association of Canada (PDAC) is a leading institution in Canada in the area of ​​exploration and exploitation of mineral resources. With approximately 8,000 members around the world in all sectors of geology and mining industry, PDAC’s mission is to promote globally-responsible, vibrant and sustainable industry of mineral resources. As a credible […]

British base metal miner Mineco plans to invest $1 million (884,132 euro) in the overhaul of equipment at Veliki Majdan lead and zinc mine in Serbia this year, the company said. The company also plans exploration works in the Kosjeric and Veliki Majdan fields, as well as continued industrial and technological copper ore exploration, Mineco said in a statement […]

The Canadian company Velocity Minerals is now the majority owner of the Rosino deposit, part of the Tintyava area, located on the territory of the municipalities of Ivaylovgrad and Krumovgrad. According to the company’s official announcement, Vancouver-based company is now the owner of 70% of Tintyava Exploration, and its Bulgarian partner Gorubso-Kardzhali holds the remaining […]

Chaarat has signed a binding term sheet to enter into a joint venture with Turkey-based mining and mine construction contractor Çiftay İnsaat Tahhüt ve Ticaret AS, to collaborate on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic. Çiftay, a partner since 2017, which mobilised equipment to the Tulkubash site in the Chatkal Valley last […]

A junior mining company, Lydian International, announced that a pair of its subsidiaries have put the Republic of Armenia on notice of a dispute under that country’s bilateral investment treaties with Canada and the United Kingdom. Lydian’s 100%-owned Amulsar Gold Project, in south-central Armenia, has been besieged by protests since mid-2018, with access blockades preventing further construction […]

W Resources is about to make a name for itself as a serious European-based supplier of tungsten First tin and tungsten produced late in 2018 Plant construction and installation nearing completion Significant revenues and profits expected this year Other development assets progressing   What does W Resources do? W Resources PLC is a long-standing constituent […]