First contours of the Čukar Peki deposit exploration adit emerging, Serbia

MINEX Forum | December 19, 2018
img0 After seven months of the Čukar Peki exploration adit development, the first mining infrastructure elements of the future copper mine are visible. This mine is operated by the company Rakita, the daughter company of the Canadian company, Nevsun. The development of an entry/exit adit was started. The adit should be some 2,600 meters long and ...

Medgold hunts for gold in Serbia with Fortuna Silver

MINEX Forum | November 27, 2018
img0 Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding. Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams ...

Romania concludes Rovina Valley licensing

MINEX Forum | November 20, 2018
img0 The Romanian government published the ratified mining licence for Euro Sun Mining’s Rovina Valley copper-gold project in the country’s Official Monitor, formally concluding the much delayed project licensing process. “We are focused on moving this project forward as quickly as possible to the benefit of all stakeholders,” CEO Scott Moore said. Despite hosting very low-grade ...

Irish Zinc Exploration Intensifies: Keel Deposit Update

MINEX Forum | November 16, 2018
img0 Since The CloudMiner (TCM) first reviewed the Keel Zinc-Lead-Silver-Barite Deposit earlier this year; the exploration activity has intensified not only at DAH but across the Irish focused juniors. Recent announcements from Group Eleven in particular showing just how strategic Ireland Zinc Deposits truly could be. Contrary to the current price of zinc which sits just ...

Miners’ spending on hunt for copper, EV metals hits $10 billion

MINEX Forum | November 15, 2018
img0 Exploration spending in the mining sector rose for a second year to near $10 billion as the industry makes a cautious shift to growth and prepares for forecast booming demand for copper and metals used in electric vehicle batteries, according to S&P Global Market Intelligence. Budgets jumped about 19%, outpacing last year’s gain, which had ...

Canada’s Erin boron exploration in Serbia shows serious mining potential

MINEX Forum | August 27, 2018
img0 Canada-based mineral exploration and development company Erin Ventures’ exploration activities in Serbia show the country has a significant boron mining potential, a Serbian government aide has said. “The research indicates that there is good potential, but still there is no verification so we cannot precisely say what the reserves are,” Ivan Jankovic, an advisor to ...

SA, Russia recommit to implementation of PGMs MoU

MINEX Forum | July 26, 2018
img0 South Africa and Russia recommitted themselves to the continued implementation of the memorandum of understanding (MoU) on platinum group metals (PGMs), following the third yearly PGMs conference, which took place in Johannesburg, on Tuesday. Delegates at the conference agreed on the need to increase the demand for PGMs and develop alternative uses of PGMs. This ...