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 ... Zijin to invest 200 mln euro in revamping Serbia’s Bor copper mine/smelter
MINEX Forum | November 21, 2019 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 ... 
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 ... 
Lydian International is planning to embark on fresh legal action against Armenia after hitting a new roadblock on its path to building the massive Amulsar gold mine, in the country’s mountainous south. The move comes after the environment minister last week rejected the mining company’s application for a licence to draw 40 litres per second ... 
Lawmakers in Tajikistan have voted to ratify an agreement giving a Chinese company development rights for a silver mine in the Pamir mountains.Parliament voted overwhelming in support of the decision on October 1, on the day that marked the 70th anniversary of the foundation of the People’s Republic of China. 
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 ... 
British-Australian mining group Rio Tinto has so far invested $200 million (181.5 million euro) in the exploration of the Jadar lithium borate project in Serbia and plans to make a final investment decision in 2021, the Serbian government said. The company has drilled about 300 wells and processed more than 200 kilometers of core since ... 
The Kirazli gold project is located in a wooded region near Mount Ida – or Kaz, as it locally known – which produces huge amounts of oxygen and is home to diverse flora. (Image courtesy of Alamos Gold) Alamos Gold has halted construction work at its Kirazli project in western Turkey, the Canadian gold miner ... 
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 ... 
Multi-commodity developer Savannah Resources (AIM:SAV) is looking into maximizing value at its Mina do Barroso lithium project in Portugal by identifying other products present in the concession. Unveiling a maiden resource for elements other than lithium, the London-based company said that the Grandao deposit, which is part of its lithium project, contains 4.79 million tonnes ... 
Zinc polymetallic explorer and developer Adriatic Metals PLC announced results from a preliminary metallurgical test work program on samples of ores from the Rupice deposit and the Veovača deposit. The deposits are part of its 100% interest in the Vareš Project that is located close to the mining town of Vareš in Bosnia and Herzegovina. ... 
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 ...