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 ...

Romania: The Court of Appeal has put an end to the Eldorado Gold mine project

MINEX Forum | October 7, 2019
img0 The gold mine development project, implemented by Canada’s Eldorado Gold in Certei, central Romania, through Deva Gold, has been permanently blocked by the Court of Appeal in Cluj. This upheld the Basic Court’s decision canceling the Zoning Plan (PUZ) for the entire mining project. “This decision invalidates any approvals that Deva Gold has received from ...