News

The Canadian company ” Balkan gold” operating under Canadian mining company Erin Ventures found a rich field of boron minerals near Usce near city of Kraljevo, whose value is estimated at about half a billion EUR. Boron market is currently dominated by Rio Tinto and Turkish government mines. Minister of Mining and Energy Aleksandar Antic […]

The Mining Law will be changed in order to make the legal framework for attraction new foreign investment. It is planned to open five new pits that will bring investment of five billion dollars. The discovery of some of the largest gold and copper deposits in our country in the past have led Serbia to […]

Results of geological exploration of the American mining company “Freeport Mcmoran” in the vicinity of Bor city are very good, said Mining Minister Aleksandar Antic.This is a significant find that could be world-class, he said. “With joy we follow the activities of the company” Freeport” at Cukaru Peki and look forward to good results”, Antic […]

Surrounding of Timok region is now under “digging” by a dozen foreign companies looking for ores of copper and gold. In addition to “Freeport”, the most advanced in the research is Canadian company “Avala Resources”, which on top of Crni Vrh, between Bor and Zagubica discovered reserves of about 70 tons of gold. To start […]

One of the largest gold and copper deposits in the world was discovered on the location “Cukaru peki”. At a depth between 558 and 559 meters, was discovered the content of 50.3 grams of gold per ton of ore. The US mining corporation “Freeport Mcmoran” and their partners from the Canadian company “Reservoir minerals” found […]

Serbia could earn hundreds of millions of EUR from the opening of the jadarite mine, mineral from which is got expensive lithium per year. If the assessments of the company “Rio Tinto”, which investigates the site of jadarite and boron in Jadar area near Loznica, are correct, the residents of the area live in the […]

Two satellites of the Japanese Space Agency will detail “record” about 7,000 square kilometers between Bor and Majdanpek over the next five years, in order that, after expiry of that period, precisely determine the amount of waste generated during the 110 years of mining in the region. On the completion of research, the objective is […]

Jadarite is a first-seen Na-borosilicate mineral with high B (47,2% B2O3) and Li (7,3% LiO2) content, first discovered in late 2004 in the Jadar basin, situated in western Serbia, close to the Bosnia Herzegovina border. The mineral was officially recognized by the International Mineralogical Association in 2006. Ultra Lithium has been granted seven exploration licenses […]

The EBRD currently has a revolving corporate debt facility to Dundee Precious Metals of up to US$ 45 million, as part of the US$ 275 million revolving facility, to support the on-going development and expansion of the Company’s activities and acquisitions in the Bank’s countries of operation. On 21 April 2015 the EBRD formally included […]

Two satellites of the Japanese Space Agency will detail “record” about 7,000 square kilometers between Bor and Majdanpek over the next five years, in order that, after expiry of that period, precisely determine the amount of waste generated during the 110 years of mining in the region. On the completion of research, the objective is […]