4.7 C
Belgrade
02/12/2024
Mining News

North Macedonian company Tajmiste gets two concession deals terminated by the Government

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.

Supported by

The concession contracts were terminated because the concessionaire failed to pay the concession fee, local business website Faktor reported. It is still unclear whether the government will seek a new investor for the sites. The concession deals for the two sites were signed in 2014.

Source: seenews.com

 

Related posts

The lithium rush: Uncovering unexpected reserves in the U.S.

David Lazarevic

CLP and Indonesia forge groundbreaking agreement to strengthen critical minerals partnership

David Lazarevic

China to conduct pioneering deep-sea mining experiment in international waters

David Lazarevic
error: Content is protected !!