NKMZ says the high angle conveyor at Mikhailovsky GOK could mark the start of wider application of the technology in the CIS

MINEX Forum | December 9, 2020
img0 Following its official opening by Russian mining and steel group Metalloinvest, JSC Novokramatorsky Mashinostroitelny Zavod (NKMZ) in Ukraine has given some details on its role in the design, manufacture and successful commissioning of a crushing and conveyor complex with a unique high angle conveyor at Mikhailovsky GOK in Russia’s Kursk region. The official commissioning took ...

Russia infrastructure plans raise risk for Baimskaya copper project – KAZ Minerals

MINEX Forum | November 19, 2020
img0 The new infrastructure plans proposed for the Chukotka region of Russia have increased the risks around the Baimskaya copper project, with miner KAZ Minerals now expected to take responsibility for a portion of the capital costs. Together with a revised cost for the tailings storage facility and the impact of a one-year delay to the project schedule, the capital cost budget for Baimskaya had ...

Medgold in Serbia: New exploration licenses for the Tlamino Project and positive metallurgical results for Barje

MINEX Forum | November 5, 2020
img0 Medgold Resources Corp. announced that with effect of October 12, 2020 it is in receipt of new Exploration Licenses from the Serbian Ministry of Mining and Energy in respect to the Donje Tlamino and Surlica Dukat properties that together comprise the Tlamino Project. These Licenses are each valid for terms of three years and are ...

Investment opportunities in Kazakhstan: which sectors are most attractive to foreign investors?

MINEX Forum | June 30, 2020
img0 Most major rating agencies keep indicating the credit rating of Kazakhstan as stable. This positive outlook is the result of the measures taken by the Kazakh government on economic stabilization. The Kazakh government approved a comprehensive plan for the restoration of economic growth. It includes tax incentives and expansion of the loan issuance, as well ...

Velocity Announces Discovery of New Gold Zone and High-Grade Gold Drill Results from Obichnik Gold Project, Bulgaria

MINEX Forum | June 4, 2020
img0 Velocity Minerals Ltd. (TSX.V: VLC) (“Velocity” or the “Company”) announces that it has received results from 14 additional drill holes from its Obichnik gold project (“Obichnik”), Bulgaria.  Results include the first drill test of the Sivri Tepe target, located approximately 400m to the west of the established Durusu Tepe zone.  The Sivri Tepe discovery highlights ...

Tethyan Resource acquisition of past-producing silver-zinc-lead mines in Serbia is completed

MINEX Forum | May 19, 2020
img0 Kizevak and Sastavci are former silver-zinc-lead mines in the Raska district of South-western Serbia. Serbian company EFPP d.o.o. is the holder of two exploration licences over these past-producing mines. Tethyan Resource Corp. announced that it has closed the transaction for the acquisition of 10% of EFPP and the exclusive right to purchase the remaining 90% ...