Mineco to start building lead-zinc-copper mine in Serbia in Q3

Anastasia Bogdanova | January 17, 2020
img0 BELGRADE (Serbia), January 17 (SeeNews) – UK-based Mineco, which has mining operations in the Western Balkans, plans to start the construction of a lead, zinc and copper mine near Serbia’s Bosilegrad in the third quarter of 2020, CEO Bojan Popovic has said. The construction work has been planned for the third or fourth quarter of the year, in ...

Central Asia Metals marks solid 2019 production results in Sasa, North Macedonia lead zinc mine

Anastasia Bogdanova | January 16, 2020
img0 Aim-listed Central Asia Metals (CAML)  managed to exceed its yearly guidance at the Kounrad copper recovery plant, in Kazakhstan, producing 13 771 t in 2019. This while production at the Sasa mine, in north Macedonia, reached the top end of the guidance range at 23 360 t zinc and 29 201 t lead. The Kounrad plant produced ...

Amur Minerals completes base line environmental assessment for Kun Manie

Anastasia Bogdanova | January 15, 2020
img0 Amur Minerals Corporation told investors that it has now completed the baseline environmental assessment (BLEA) for the Kun Manie nickel-copper project. The document has now been filed and approved by the necessary Russian Federation agencies, it added. It is one part of the company’s ‘Permanent Conditions TEO’ – Russia’s equivalent to a feasibility study – for ...

Erin moves from exploration to development at Serbian boron project

Anastasia Bogdanova | January 10, 2020
img0 Erin Ventures announced that it has started the exploitation licensing process for its Piskanja boron project in Serbia with the commissioning of an “Elaborate of Reserves,” a significant step towards production. The document is expected to be ready in about three months. In a press release, Erin said that it is possible to move forward with ...

Anglo American goes after Sirius Minerals with $508m bid

Anastasia Bogdanova | January 10, 2020
img0 Anglo American (LON:AAL) may be the company that throws a much-needed lifeline to Sirius Minerals (LON:SXX), the British junior struggling to build a huge fertilizer mine beneath a national park, thanks to a last-minute takeover bid that values the developer at almost £386 million (about $508m). The diversified miner confirmed on Wednesday that it was in advanced talks with ...

Trans-Siberian Gold plc announces an update of the Mineral Resource Estimate for the Asacha Gold Mine

MINEX Forum | January 8, 2020
img0 Mineral Resource Update – Asacha Gold Mine Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, announces an update of the Mineral Resource Estimate for the Asacha Gold Mine in Kamchatka, Far East Russia. The mineral resource at Asacha occurs in two zones: Main zone (currently being mined) and East zone ...

Trans-Siberian Gold, Admission to Advanced Special Economic Zone

MINEX Forum | December 17, 2019
img0 Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce the signing of an agreement with Russia’s Far East Development Corporation officially confirming the Company’s residency in the Kamchatka Advanced Special Economic Zone (“ASEZ”). Ratifying agreements were also signed with the Government of Kamchatka. The ASEZ programme was ...

Geology Committee, Orano Mining set up JV in uranium mining

MINEX Forum | December 6, 2019
img0 The joint venture Nurlikum Mining, set up by the French company Orano Mining and the State Committee on Geology and Mineral Resources (GeolCom) of Uzbekistan, will have the annual capacity to produce 1,500 tons of concentrated uranium oxide (U3O8), GeolCom said on Wednesday. In September, Orano and Goskomgeologiya signed an agreement on the establishment of ...

Russia’s Richest Man Starts Testing Sales of Crypto Metal Tokens

MINEX Forum | December 6, 2019
img0 MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales. Clients including Trafigura Group Ltd., Traxys SA and Umicore SA have been involved in the tests, Chief Executive Officer Vladimir Potanin said in an interview ...

Munduro announces non-brokered private placement

MINEX Forum | December 5, 2019
img0 Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”), intends to undertake a private placement to raise gross proceeds of up to $1,000,000 by the issuance of up to 7,407,407 units (“Units”) at $0.135 per Unit (“Offering”). Each Unit comprises of one common share of the Company and one-half of one share purchase warrant. ...

Trans-Siberian Gold plc relationship agreement with UFG Asset Management

MINEX Forum | December 3, 2019
img0 Trans-Siberian Gold plc (TSG.LN) (“TSG”, or “the Company”), a low cost, high grade gold producer in Russia, is pleased to announce that, on 28 November 2019, a Relationship Agreement (“the Agreement”) was signed between the Company and certain entities of UFG Asset Management (“UFG”). In accordance with the Company’s adoption of the QCA Corporate Governance ...