Bosnia approves new oil & gas legal framework
The Draft will solve the standstill in the selection process of the expert consultant which could have put on hold the Project of exploration and...
Author : VM
EBRD & EIB in environment risky business of construction of new HPPs in SEE
Southeast Europe is experiencing a wave of hydropower projects. In a region with a deadly combination of Europe’s last wild rivers, rampant corruption and inadequate...
Rio Tinto's USD 4,4 billion copper mine Oyu Tolgoi deal with EBRD-IFC-BNP Paribas
Rio Tinto managed to secure the financing for its Mongolia copper gold mine Oyu Tolgoi. The mine is an enormous asset and the underground reserves...
Russian oil & gas cluster of Bashkortostan selects AVEVA’s Engineering & Design solution
AVEVA announced that the leading Russian oil & gas cluster of Bashkortostan Republic has standardised on AVEVA’s Integrated Engineering & Design software solution. The cluster...
EITI disclosure commitment dilemma
It looks like the Extractive Industries Transparency Initiative (EITI) is backsliding on a commitment made in 2013 to require the disclosure of the ultimate beneficial...
SEC Moves to Regain High Ground on Extractives Transparency
There are several SEC listed mining companies operating in Europe, along with SEDAR mostly junior mining companies from Canada. Junior mining companies all eyes equity...
Central East Europe econonomies 2016 growth outlook remains positive
In 2015, Central and Eastern Europe (CEE) has benefited from the gradual recovery in the Eurozone, which is supported by the quantitative easing program launched...
Romanian court cancels environment permit for Rosia lignite coal mine expansion
A Bucharest court annulled the environment permit for the felling of another 159 hectares of forest in Gorj country, effectively preventing the expansion of the...
Centerra expects Turkey Oksut mine gold production in 2017
Canadian based Centerra Gold advances its gold Okut mine project with approved EIA. The Turkish Ministry of Environment and Urbanization has given the environmental impact...
UK Ariana Resources advances its Turkey gold-silver Kizilcukur project
Ariana Resources, London based mining company, obtained mining permit for its gold-silver Turkey project, The Kizilcukur project which comprises one licence located in the Balikesir...