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 ... 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
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 ... 
Rio Tinto, one of the biggest mining conglomerates on the planet, has been studying a lithium deposit near Loznica for the last 16 years and purchasing land. The Anglo-Australian company plans to decide in a year whether to go through with the project with an estimated worth of USD 1.5 billion. The site is close ... 
The Alexandrovskoye open pit gold mining project and mining processing plant – GOK assets are located immediately west of the Orsu Metals’s Sergeevoskoe project in Russia and the company has entered into a nonbinding letter of intent (LoI) to acquire a portfolio of core assets, including GOK. Orsu and GOK are conducting a bulk test ... 
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 ... 
Russia’s largest gold producer Polyus has raised by $1 billion to $3.3 billion its investment forecast for its Sukhoi Log gold deposit in Siberia, a flagship project that will double its production from 2027. Last month, Polyus said the Sukhoi Log deposit was the world’s largest by reserves. Polyus has finished a pre-feasibility study for Sukhoi ... 
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 ... 
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 ... 
BELGRADE (Serbia), June 29 (SeeNews) – Zijin Bor Copper, the Serbian unit of China’s Zijin Mining Group, plans to invest $1.26 billion (1.12 billion euro) in capacity and equipment overhaul, as well as environmental and safety improvements at the Bor mining complex, deputy managing director Simon Ling said. “In a year and a half since we took over ... 
Tethyan Resource Corp. has commenced drilling, that will be the first significant exploration programme on the recently acquired Kizevak project, since it was explored by the Serbian State. This initial programme will be conducted with one diamond drill rig, with hole depths to between 150 – 300 metres for approximately 2,300 metres in total and ... 
A videoconference has been held with the Vice President of the Canadian gold mining company B2Gold Corporation Neil Reeder and Senior Vice President Tom Garagan in order to implement the tasks set by the government of the country in geology, as well as to attract foreign investment in promising industries. According to the Embassy of ... 
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 ... 
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% ...