FinnAust Mining expands copper-gold-zinc licenses in Finland
London based copper mining developer FinnAust, which has copper, zinc and nickel projects in Finland, Austria and Greenland, said it has been granted additional licences...
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Russian alliance & credit line, Polyus Gold & Sberbank
Jan 26 Russia’s largest gold producer Polyus Gold said on Tuesday it had secured a credit line worth $2.5 billion from Sberbank, Reuters reported. Polyus...
Eldorado Gold assets write off triggered by Greece troubled mining operations
Eldorado Gold, Canadian based gold exploration company, has ongoing issues in both of its SEE gold exploration properties, in Romania and Greece. Recent events with...
Australian Key Petroleum eyes Bosnia oil concessions
During January Key Petroleum representatives discussed concessions with Bosnia and Herzegovina authorities. Beside already present Russian company NIS Gazprom, some other new international oil companies...
Serbia loss 30MEUR because of cancelled Gazprom's South Stream
Serbia invested 30 million euro into the Gazprom’s South Stream and we will have to wait and see what will happen to that money, when...
Russian Zarubezneft oil refinery in Bosnia, cross border environment impact?
Zarubezneft Russia owned Brod oil refinery in Bosnia beside the producing losses also have a pressure from environment advocacy groups that it pollutes the neighboring...
Erin Ventures high grade Serbia property boron deposits drilling results
Erin Ventures Inc. reported it has received assay results for final two drill holes (Hole # EV144 and EV145) from its 2015 in-fill drill program...
US Pulsat Global Capital eyes gas terminal on Croatia Krk island
Financial group Pulsat Global Capital, gathering private investors from Canada, EU and USA is interested in development of LNG terminal on Krk, which was supposed...
Serbia improved mining legislation to boost research on biggest Europe copper deposits
New mining investor friendly framework already attracted big miners like Dundee, Rio Tinto, Freeport and many junior mining companies developing gold, copper, gold, lithium, borats...
Rio Tinto eyes lithium & copper discoveries in Serbia
Beside the highly perspective lithium project which would make Rio Tinto an important lithium market player, Rio also eyes the biggest copper discovery in Europe...