Romania Baia Mare Cyanide Spill by Esmeralda Exploration Australia
Aurul, a joint venture owned by the Australian company Esmeralda Exploration and the Romanian government, was using this method Baia Mare, a municipality in Romania....
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Greece suspended mining operations of Canada's Eldorado Gold
Greece has suspended the mining operations of Canada’s Eldorado Gold in northern Greece, saying the company violated contract terms, in a setback to one of...
Mátrai Erőmű Hungary reopens lignite mine
Power plant company Mátrai Erőmű has reopened its lignite mine near Detk, northeastern Hungary, chairman Bernhardt Luschper said yesterday, according to Hungarian news agency MTI....
EBRD-KfW financed loan for Serbia environment modernization of coal excavation
Serbian power utility EPS Elektroprivreda Srbije owned coal mine Kolubara is realizing its biggest investment cycle funded by loan arrangements of EBRD & KfW banks....
Reservoir Capital & A2A deal on Brodarevo HPPs sale
Reservoir Capital Corp reported that is has signed a Letter of Intent (“LOI”) with Milan-based utility A2A S.p.A. (“A2A”), to initiate exclusive negotiations and due...
Coal dominance expected until 2030 in most of the SEE countries
SEE West Balkan (WB) region the power generated by fossil power plants accounts for about 59% (52% from coal, 4% from oil, and 3% from...
HPPs, Investors ignorance of ESIA/SEP and failure to mitigate NGOs the case of Reservoir Capital
Two projects of construction of HPPs on the river Lim in southwest Serbia are planned to be completed within four years. Investor Canadian company Reservoir...
Credit Agricole withdraws from Croatia new TPP financing deal with Marubeni Japan
Recent publication of new criteria for coal-fired power plant financing by French bank Crédit Agricole suggests that the bank will not be able to finance...
Freeport McMoRan-Reservoir Minerals copper gold JV Rakita Exploration Serbia Cukaru Peka
Freeport McMoRan research director for Euroasia Mac Canby stated that the mining project in east Serbia needs more years for development and lot more positive...
Erin Ventures rich boron field, competition to market dominance of Rio Tinto in Serbia
The Canadian company ” Balkan gold” operating under Canadian mining company Erin Ventures found a rich field of boron minerals near Usce near city of...