Prospex Oil invests in MOL owned firm
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...
Category : Mining News
Coal trading firms offer to help Czech mining group NWR
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...
METSO @ Panama papers
A Russian sales manager working for the automation division of power and process company Metso, apparently skimmed money off invoices and cycled the funds through...
Euromax gold Macedonia projects raises attention on stock markets
Euromax Resources Ltd, which was up 12.5% before the trading halt, has entered into a term sheet for an investment of up to US$30 million...
Lundin talks with Reservoir over Serbia Timok gold project promising for deal closure
If the Serbia gold Timok project takeover from Freeport deal goes forward, Lundin probably will be done making acquisitions for several years. Talks with Reservoir...
Rosia Montana gold mine arbitration, Gabriel-Whitecase vs Lalive-Romanian Gov
US firm White & Case LLP will represent Gabriel and Swiss Lalive will lead the Romanian consortium of lawyers in the arbitration case which Gabriel...
McKinsey analysis show Serbia Bor copper company needs equity
The bad situation is not due only to the low price of copper, but also to bad company management, the “McKinsey” study has shown. Regardless...
Dundee Bulgaria Chelopech gold mine upper areas drill plan
Dundee Precious Metals Inc. announced the results of the updated Mineral Reserve estimate for its Chelopech mine in Bulgaria, as prepared by CSA Global (UK) Pty. Ltd....
Vast Resources Romania Manaila mine gets extended exploration license
Romanian mining regulatory authority approved the new exploration license to Vast Resources Sinarom Mining Group for additional drilling perimeter. Vast Resources’ Romanian subsidiary SC Sinarom...
Serbia Timok copper project biggest European discovery, Lundin joins Freeport-Reservoir
While Lundin is expecting Reservoir decision on Timok exit of Freeport and sale of rights to Lundin the stock analysts are analyzing the scenarios for...