Zijin Serbia, Exploitation begins in second half of 2021 – 44.7 million tonnes of ore mined at Cukar Peka

MINEX Forum | January 6, 2020
img0 In the upper zone of the Chukar Peka deposit near Bor, 44.7 million tonnes of ore with high copper content and associated gold and silver content have been certified, said Minister of Mining and Energy Aleksandar Antic. The minister said that the Chinese company Zidjin is intensively working on a project to open the Chukar ...

Vast Resources to soon start initial trial production at Baita Plai mine in Romania

MINEX Forum | December 23, 2019
img0 UK-based Vast Resources said that it will shortly start initial trial production at its Baita Plai polymetallic mine in central Romania. The current cold commissioned capacity is up to 7,000 metric tonnes per month and will be progressively increase to 14,000 metric tonnes per month following the arrival of the new equipment from China in ...

Turkish holding eyes mining, extraction projects in Kazakhstan

MINEX Forum | December 16, 2019
img0 Delegation of Turkey’s Eczacibasi Holding has expressed interest to implement projects on extraction and processing of minerals in Kazakhstan, Trend reports with reference to the press office of Kazakhstan’s Ministry of Industry and Infrastructural Development. The issue was discussed during the meeting between Kazakhstan’s Minister of National Economy Ruslan Dalenov and the delegation headed by ...

Adriatic finds high-grade precious metals at Rupice Bosnia mine

MINEX Forum | December 4, 2019
img0 -Adriatic Metals has discovered high-grade precious metal intercepts from a number of drill holes at its Rupice Project in Bosnia and Herzegovina -The Ministry of Forestry, Agriculture and Water Management asked the company that all areas of disturbance in the Zenica-Doboj Canton forest must be inspected -Adriatic said the approvals are taking longer than expected ...

Zijin to invest 200 mln euro in revamping Serbia’s Bor copper mine/smelter

MINEX Forum | November 21, 2019
img0 China’s Zijin Mining Group plans to invest 200 million euro ($221 million) in revamping and expanding the current capacities of Serbian copper mining and smelting complex Bor which it controls, local media reported. Zijin is currently drafting a project for the planned overhaul and for the planned expansion of the smelter’s annual capacity of 80,000 ...

Rio Tinto faces fresh legal setback at Oyu Tolgoi mine

MINEX Forum | November 20, 2019
img0 The world’s second largest miner Rio Tinto (ASX, LON, NYSE: RIO) is facing a fresh setback at its massive Oyu Tolgoi underground copper project in Mongolia as an administrative court has backed a non-governmental organization’s claims that the government didn’t follow due process on the agreement that underpins the asset’s development. Local Darkhan Mongol Nogoon ...

Kazakh, British companies, institutions sign agreements to enhance cooperation

MINEX Forum | October 29, 2019
img0 Various Kazakh and British companies and institutions signed agreements and memoranda Oct. 23-24 during the visit of Kazakh Deputy Foreign Minister Roman Vassilenko to London. Vassilenko also participated in the sixth meeting of the UK-Kazakhstan Intergovernmental Commission. The visit started with the Kazakhstan Global Investment Forum 2019 organised by Financial Times Live, fDi Magazine, Samruk ...