Dundee to optimise Serbia project following PEA
Dundee Precious Metals has announced the results of a preliminary economic assessment (PEA) for its Timok gold project, in Serbia, providing a foundation upon...
Category : Mining News
Velocity Minerals to acquire 70% stake in Bulgaria’s Obichnik gold project
Velocity Minerals has signed an option agreement with Gorubso Kardzhali to acquire a 70% interest in the 388ha Momchil property in south-east Bulgaria. This property...
Calls to prevent mineral mining in Portugal
Mineral exploration in the country is being opposed by residents, councils and environmental groups. A company based in the United Arab Emirates, Exchange Minerals...
Turkey gold output may reach 50 tons
Turkey’s annual gold production “may easily reach 50 tons within the next two-three years, thanks to new investment projects,” the head of the Turkish Gold Miners Association has...
Exploration kicks off at Central Asia’s largest tin field in North Kazakhstan
Tin One Mining, the mineral exploration and development company co-owned by Lancaster Group and Samruk Kazyna Invest, has started exploration at Central Asia’s largest and...
Kyrgyzstan: Filling the Kumtor hole
Concession-owners at another goldmine, Jerooy, say production may start this year The start of production is beckoning at Kyrgyzstan’s second-largest goldmine, the owner of...
Eurasia Mining lodges application for exploration at Tipil in Russia
UK-based Eurasia Mining has lodged an application seeking approval for a new exploration licence area (ELA) for Tipil, Russia. The new Tipil licence extends...
Sandfire Ups Interest In Bosnia and Herzegovina Junior miner
Sandfire announced that it had increased its holdings of Adriatic Metals, a UK-based junior focused on a lead-zinc project in Bosnia and Herzegovina. Over the...
Raiden assumes full ownership of Serbia’s Zupa copper/gold project
Australian mining group Raiden Resources has assumed the full ownership of the Zupa copper-gold project in southern Serbia. The transfer of the Zupa project...
Romania renews license for controversial gold mining projects, sets higher royalties
Rosia Montană Gold Corporation (RMGC), the developer of the gold mining project at Roşia Montană, in western Romania, obtained from the country’s mineral resources agency ANRM...