Dundee takes over junior Serbia copper-gold deposits developer Avala Resources
Avala Resources Ltd. recently announced the completion of a merger agreement with Dundee Precious Metals Inc. , according to which Dundee will purchase all of...
Category : Mining News
Raiffeisen to borrow Alro aluminum producer 137MUSD for EBRD revolving loan
Aluminum producer Alro has signed a USD 137 million revolving loan agreement with a syndicate of banks led by Raiffeisen International and Raiffeisen Bank Romania....
Albania oil production from Patos Marinez oil block
Oil produced in the country is exported mainly to be refineries abroad. Domestic consumption of refined oil is met by imported oil. Crude oil exports...
EBRD stake in Euromax copper-gold Ilovica project increases investors interest
EBRD engagement, despite the fact its not a big one, does influences the attractiveness of the project for other investors and Euromax financial markets target...
Freeport-McMoRan's & Reservoir Minerals biggest copper discovery in Serbia
Reservoir has a broad portfolio of exploration projects in Eastern Europe, including another joint venture with Rio Tinto (NYSE:RIO), some prospective 100%-owned properties along the...
Reputation risks associated with UK-based extractive companies, LondonMiningNetwork
Richard Solly, the Co-ordinator of London Mining Network (LMN) was one of four civil society representatives called to give testimony today before a Department of...
Water disputes persist as Rio Tinto pushes ahead with second Oyu Tolgoi mine
A large new copper mine in Mongolia could cause irreversible damage to terrain and deprive water from some of the world’s last remaining nomadic herding...
From cyanide gold mine to protected historical site Roșia Montană Romania
For the past 15 years, Canadian mining firm Gabriel Resources has been trying to obtain a permit to extract 300 tonnes of gold from underneath...
Ariana Resources Turkey properties show high grade gold-silver deposits
Ariana Resources latest drilling results show high grade of gold-silver deposits in their JV properties of Kızıltepe Mine and Kızılçukur area. Drilling results from Kızılçukur...
KW Poland coal producer seeks investor support for restructuring project
Kompania Węglowa (KW), Poland’s largest producer of coal, is understood to have entered talks with investors over a planned capital injection of PLN 1.5 billion...