News

The subject of exploitation that has been granted conduction of mining activities pays a fee for utilization of mineral raw materials and geothermal resources in accordance with the Law on Mining and geological research. For all types of coal and oil shale the fee amounts to 3 percent of revenue. For oil and gas, it […]

In Serbia, mainly small mines and quarries were privatized. Larger mining complexes, such as copper mine company RTB Bor are still waiting for bidders. Some of the existing mines in Serbia, RTB Bor and Farmakom’s Lece and Zajača, are facing major problems due to debts incurred on various basis. However, RTB Bor has no obligation […]

Kolubara, Largest lignite mine in Serbia, needs to invest 700-800 million EUR for opening of new, Radljevo field, in order to cover lignite demand of new capacities (TPP Kolubara B and unit 3 in TPP Nikola Tesla B). Before opening of Radljevo field, fields C and G should be opened in order to provide sufficient […]

In the anticipation of new regulations, several large investors have been carrying out the explorations of mineral deposits for years already. Since 2003, foreign companies have invested around 300 million euros in potential projects. These are long-term projects, and the so far achieved results give reason for optimism. Investments would multiply if mines were opened; […]

“Outotec” and “SNC Lavalin completed the project for copper mining company Bor. SNC “Lavalin” in charge of construction of new smelter and the plant for sulphur acid at the Mining and smelter basin Bor, handed in to copper combine all facilities within the project for usage and management. It practically means everything is ready for […]

The Canadian Company Reservoir Minerals and the American company Freeport McMoran have reached the agreement on investing in the explorations of copper and gold in “Čukaru Peki” near Bor.This investment will amount to 18.7 million dollars in 2015. As it is stated, the agreement between the two companies envisages that “Freeport” should be exclusively responsible […]

The Canadian company “Avala resources” will perform this year new field work on the project Tulare in the municipality of Medvedja in southern Serbia. Activities will be important to define mineralization zones of gold, silver and lead on the surface, as the previous one, as it is said, “have given encouraging results”. “For now, the […]

Lead and Zinc Mine Sase in Srebrenica, which operates within the companies ‘Gross’ ltd. whose majority owner the British Company Mineco Ltd, excavating 304.000 tons of ore, has exceeded the annual plan for the exploitation for 8.66 percent, by which this mine recorded the continued growth in production for over seven years of operation. This […]

After the flood the first purchases were made on the basis of the articles on the Public Procurement Law, and later according to the Law on eliminating consequences of floods. After atmosphere disturbances in May, the Commercial Sector of the Mining Basin “Kolubara” focused all of its activities on launching a number of procurements related […]

In the Article 41, obligatory organization of a public debate is envisaged in two very broadly and not precisely defined cases (if “the regulation of certain issue is significantly changed” by the law or if the law “regulates an issue in which the public is particularly interested“). We do not have an anwer to the […]