New research has revealed the true wealth of copper and gold deposits in eastern Serbia
One of the richest deposits of copper and gold was discovered at the location of “Čukar peki” near Bor. Copper concentration exceeds 2%, while one...
Category : Mining News
Macedonians against the “mine of death”
The commercial hoarding of Macedonia started while in power, state and local, was the VMRO-DPMNE was not suspended by the party’s departure to the opposition....
Bulgarian gold in offshore paradise linked to European public lender
The profits of the richest Bulgarian gold mine are “optimised” through several Caribbean offshore companies and a Dutch cooperative. The European Bank for Reconstruction and...
European Metals raises £2.28m for lithium Cinovec deposit in the Czech Republic
Australia- and UK-listed European Metals has raised £2.28-million through subscriptions to UK-based sophisticated investors. The funds will be used to advance the ongoing definitive feasibility...
In Poland’s coal heartland, miners defend their jobs but imagine a greener future
While the government champions coal, the area around Katowice, host of next year’s UN climate summit, is starting to diversify its economy. Marek Wystyrk, 44,...
Atalaya Mining approves expansion plan at Proyecto Riotinto, Spain
Atalaya Mining is set to proceed with the 15Mtpa expansion plan at Proyecto Riotinto in south-western Spain. Through the expansion plan, Atalaya intends to upgrade...
Velocity Announces Additional Positive Drill Results at Rozino Gold Project, Southeast Bulgaria
Velocity Minerals Ltd. announced that it has received laboratory results for seven additional diamond drill holes at the Company’s advanced Rozino gold project. Highlights include...
Romanian Government Approves Draft Law On Mining Activities
The Romanian Government has recently approved a draft law on mining activities that is intended to replace the existing law, enacted in 2003. In order...
Fighting corruption in mining poses tough challenges
Rampant graft afflicting the mining industry has led to a massive loss of public revenue in many countries. A new report shines a light on...
Financial Opportunities With The New Mining Regulation in Turkey
The Ministry of Energy and Natural Resources has recently issued a regulation on mining activities, providing a more investor friendly landscape as part of the...