Gold mining company Chaarat has concluded a joint venture (JV) agreement with Turkish company Çiftay İnsaat Tahhüt ve Ticaret for Kyrgyz Republic projects. The agreement conclusion follows the announcement made in March, when Chaarat signed a binding term sheet to enter a JV with Çiftay to collaborate on the Tulkubash and Kyzyltash projects in the ... Chaarat completes joint venture with Çiftay for Kyrgyz Republic projects
MINEX Forum | September 24, 2019 Gold mining company Chaarat has concluded a joint venture (JV) agreement with Turkish company Çiftay İnsaat Tahhüt ve Ticaret for Kyrgyz Republic projects. The agreement conclusion follows the announcement made in March, when Chaarat signed a binding term sheet to enter a JV with Çiftay to collaborate on the Tulkubash and Kyzyltash projects in the ... 
China’s Zijin Mining Group plans to build a copper smelter at the Majdanpek open pit mine in Serbia, energy minister Aleksandar Antic has said. “We expect Zijin to apply for approval of the construction works by the end of this year. We hope that by then, first activity on the project will be launched,” Antic ... 
The highest net profit in 2018 in Serbia, according to statistics of the Business Registers Agency, was made by RTB Bor with 90 billion RSD. However, this business result is not the result of the takeover by the Chinese company Zidjin because it refers to the period when RTB Bor was still owned by the ... 
Chinese mining company “Zidjin”, which owns RTB Bor, will open a new copper mine at the Chukaru Peki site near Bor in the next two years, and an agreement to develop the project, whose initial investment is close to $ 500 million, was signed in China. The memorandum of understanding for the development of the ... 
Canada’s Dundee Precious Metals (DPM) has initiated an optimisation study that targets mining and processing of additional sulphide material within the existing resource at its Timok Gold Project in Serbia, it said. DPM expects the optimisation study to be completed in the fourth quarter of 2019 at which point a decision will be made whether ... 
As part of $1.2 billion (€1.08 billion) expansion project at its copper mine in Aktogay, earlier this year, Kaz Minerals turned to Genie for an equipment solution adapted to steel construction assembly work performed in conjunction with Terex cranes. Terex equipment providers Korund Group of Companies based in Oskemen, Kazakhstan, supplied 18 Genie machines for ... 
A Chinese joint venture will start mining antimony, a flame-proof metal used in batteries, in Tajikistan next year with the statemining company, aiming eventually to produce a tenth of global output. TALCO Gold, jointly owned by Tajik state aluminium firm TALCO and China’s Tibet Huayu Mining Co, is developing the Konchoch deposits in the Western part of the mountainous ex-Soviet ... 
While it is a known fact that electric vehicles (EVs) use about four times more copper than gasoline-powered vehicles, short-term demand for the metal won’t come from the car industry, but from the charging stations and related infrastructure needed to support EV growth, a new study shows. According to Scottish consultancy Wood Mackenzie, there will ... 
Eurasia Mining PLC on Tuesday said good progress is being made at the Monchetundra mine, including the recent award of a construction contract. Chinese firm Sinosteel has been awarded the engineering, procurement, and construction deal, with Eurasia currently working to get the project into production after the granting of a mining licence. Sinosteel is to ... 
Kinross Gold Corporation (TSX:K; NYSE: KGC) (“Kinross”) is pleased to announce an agreement with N-Mining Limited (“N-Mining”) to acquire Chulbatkan, a high-quality, heap leach development project with significant upside potential and low relative execution risk, for total fixed consideration of $283 million, including approximately $113 million in cash and approximately $170 million in Kinross shares. ... 
Looking for a long-term bullish signal for copper? Then look no further than Rio Tinto’s struggles with the Oyu Tolgoi mine and expansion project in Mongolia. The latest news about the giant copper-gold project is that the production from the underground expansion will be delayed by more than a year to between May 2022 and ... 
European Metals Holdings could begin operations at its Cinovec lithium project in the Czech Republic by mid-2022, and is holding preliminary discussions with potential customers, it said on Monday. Czech utility CEZ, in which the state holds a 70% share, last week said it had conditionally agreed to provide 2 million euros ($2.2 million) through ...