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 ...

Russia’s Richest Man Starts Testing Sales of Crypto Metal Tokens

MINEX Forum | December 6, 2019
img0 MMC Norilsk Nickel PJSC, the biggest palladium and refined nickel producer, has started testing a platform for digital metal tokens that may eventually account for a fifth of its sales. Clients including Trafigura Group Ltd., Traxys SA and Umicore SA have been involved in the tests, Chief Executive Officer Vladimir Potanin said in an interview ...

Serbia buys nine tonnes of gold to heed president’s crisis advice

MINEX Forum | November 18, 2019
img0 Serbia’s central bank bought nine tons of gold in October, raising its reserves of the precious metal on the advice of President Aleksandar Vucic. The biggest former Yugoslav republic is following Hungary and Poland, where officials boosted gold reserves in 2018 to create a bulwark against crisis. Central Bank Governor Jorgovanka Tabakovic, a member of ...

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 ...

Eurasia Mining believes flanks area can boost Monchetundra resource ‘severalfold’

MINEX Forum | September 27, 2019
img0 The area between the Loipishnune and West Nittis deposits is also seen as having significant potential. Eurasia Mining PLC – Eurasia Mining believes flanks area might boost Monchetundra resource ‘severalfold’ Eurasia Mining PLC (LON:EUA) has applied to explore another chunk of acreage within the Monchetundra project licence area in Russia. Development of a 2mln ounce ...

Greece grants Eldorado permits for gold mine

MINEX Forum | September 5, 2019
img0 Eldorado Gold (NYSE: EGO) confirmed on Tuesday that it has recieved installation permits for its Skouries project and its Olympias mine from the Greek Ministry of Energy and Environment. Vancouver-based Eldorado has two operating mines and two development projects in northern Greece but has struggled with delays at Skouries for years. Eldorado halted construction in ...

Solway Celebrates the 40th Anniversary of the Bucim Radovish Mine and 15 Years of Operations in North Macedonia

MINEX Forum | September 1, 2019
img0 Solway Investment Group celebrates 15 years of transformation at the Bucim DOO Radovish in North Macedonia. It was 2005 when Solway first invested in Macedonian assets by purchasing Bucim Mine – the only operating copper mine in North Macedonia that was idle and bankrupt. No doubt these were tests of Solway’s ability to take a risk and ...