Dundee biggest concessionaire contributor to state Bulgaria budget in 2013
Dundee Chelopech gold mine is the biggest contributor to state budget on the account of concession fees. Nearly EUR 44.74 m is the amount of income...
Category : Mining News
Tasman Metals Expects Norra Karr Mining Lease to be Cancelled
Tasman Metals reported that its mining lease for its Norra Karr heavy rare earth element project in Sweden has been cancelled. The company still holds...
Mechel Russia to supply coal to Baosteel China
Russian steel and mining company Mechel has extended its coal supply agreement with China-based Baosteel Resources. Russian steel and mining company Mechel has extended its previously...
Russian takeover of Mongolia Dornod uranium deposits, swap dept to equity
Russian government wisely initiated dept to equity deal, $150 million dispute over unpaid Mongolian debt “to move ahead with the Dornod [uranium] deposit, which holds over seven...
Romania Gov increase of mining royalties raise protests of mining exploitation companies
Mining companies are protesting against the government claiming that increase of royalties is illegal. Some mining companies that hold licenses for mining concession in Romania have...
Alacer Gold announces further exploration results for the Çőpler District in Turkey
Drilling from the Yakuplu North prospect in the Çöpler District in central eastern Turkey has continued to define near-surface leachable oxide mineralization. Alacer Gold Corp. is pleased...
BP PLC has bet billions of dollars on Azerbaijan’s giant natural-gas reserves
Investors reward thriftiest oil-and-gas companies In a reversal from recent years when investors tended to reward companies that pursued rapid growth above all else, stocks...
Petromanas announces closing of sale of Albanian assets to Shell
Petromanas Energy Inc. is pleased to announce closing of the previously announced sale of substantially all of the assets of Petromanas Albania GmbH, Petromanas’ wholly-owned...
OMV analyses its Romania Black sea oil investments
OMV Petrom Black Sea requires huge investments, and for now the final investment decision is still under analysis, which will take another one or two years transmitted...
Lundin Mining foundation, Canada based UBC NGO reveals the miner strategic CSR policies
Lundin is a conglomerate of extractive companies based in both Sweden and Canada headed by the Lundin family. Lundin Mining is based in Vancouver, whereas Lundin Petroleum...