Category : Mining News

Consortium planed to develop the Chovdar gold field, which at one point was estimated to hold reserves worth up to $2.5 billion. A new report based...

Kvemo Bolnisi has an existing Soviet C1/C2 drill defined resource of 532,700 ounces of gold at 1.02 g/t and 160,158 tonnes of copper at 1.41%. Noricum Gold...

In February 2015, community representatives and local organisations in Mongolia and Russia filed a complaint with the World Bank’s accountability mechanism, the Inspection Panel, regarding...

Groundwork for the second phase of the expansion got underway in March, with first production from the Western Dumps at Kounrad expected in the first half of...

Field development continues to progress and Palomar is finalising a full development plan to be submitted to the Polish government for approval. San Leon Energy Plc, the...

OMV Petrom’s investments went down from EUR 1.4 billion in 2014 to around EUR 900 million last year. The low pricing environment for oil is forcing...

Romanian and Austrian media have speculated that the exchange could include two refineries from Romania and Austria. The asset exchange between Austrian group OMV, the...

The Russian group gave up the other concession in the Black Sea called Rhapsody. The exploration work on that perimeter showed up no promising results....

The company’s downstream operations housing its refineries and petrochemicals. Prospex Oil & Gas PLC Monday said it acquired a stake in the parent company of...

The bosses of two coal trading firms have offered to help to restructure coal miner New World Resources’ (NWR) Czech operating business OKD, Industry Minister...