Carpathian Gold Inc Announces Cornerstone Investment From Forbes and Manhattan
Rovina is the second largest gold deposit in Europe holding measured and indicated resources of 7.2 million ounces of gold and 1.4 billion lbs of...
Category : Mining News
Polish Alumetal establishes plant in Hungary
The plant is expected to turn out more than 50,000 tons of products annually when the full capacity of the factory is reached. The plant...
Romanian prosecutors open new probe into big refinery privatization
The prosecutors have decided to include KMG International (the former Rompetrol Group) and local companies Oilfield Exploration Business Solutions (the former Rompetrol SA) and Rompetrol...
Czech Republic OKD major hard coal mining company on crossroad
Minister of Industry and Trade Jan Mládek was blunt at the start of the week saying that the government would be stupid to accept an agreement to...
Founding of Polish Mining Group save ailing coal-mining sector
The three state controlled firms join two state-owned investment vehicles and state owned coal exporter Weglokoks in the PLN 2.4 billion capitalization. Namely, state investment vehicle FIPP...
Karelian Diamond Resources to acquire the diamond mining permit for its Finland Lahtojoki project
Karelian Diamond Resources has agreed to acquire the diamond mining permit over the Lahtojoki project in Finland from A&G Mining Oy for EUR150,000 plus a...
Even the ‘Good’ Gold Mines Are Pretty Bad
Despite gold’s pristine reputation, extracting it can be messy business as I learned one sunny day in mid-April of last year. There in Long Canyon,...
Greece breached EU state aid rules with Larco General Mining and Metallurgical Company
The European Union‘s executive is referring Greece to the bloc‘s top court for failing to recoup millions of euros in support granted to a mining...
Eurasia Mining Makes Progress At Semenovsky Tailings Project
Eurasia Mining PLC on Tuesday said it has made further progress on the Semenovsky gold tailings project in Russia. The pre-feasibility study equivalent for the...
Mawson Resources Finland new gold-uranium deposit
The ongoing drilling is all centred on Mawson’s wider Rompas-Rajapalot project just south of the Arctic Circle in Finland. The thinking is that this could be a...