Adriatic Metals wins Urban planning Permit to explore expanded concession areas in Bosnia & Herzegovina

MINEX Forum | February 8, 2019
img0 Adriatic Metals secured the long-awaited Urban Planning Permit from Zenica-Doboj Canton with respect to expanded concession in highly prospective new areas in Bosnia & Herzegovina. The news sent the stock price to trade in the green zone with an intra-day price change of +1.935% on 6 February 2019. In the announcement to Australian Securities Exchange, ...

First contours of the Čukar Peki deposit exploration adit emerging, Serbia

MINEX Forum | December 19, 2018
img0 After seven months of the Čukar Peki exploration adit development, the first mining infrastructure elements of the future copper mine are visible. This mine is operated by the company Rakita, the daughter company of the Canadian company, Nevsun. The development of an entry/exit adit was started. The adit should be some 2,600 meters long and ...

Strongbow Extends Amended Share Purchase Agreement and Date for AIM Listing

MINEX Forum | December 14, 2018
img0 Strongbow Extends Amended Share Purchase Agreement and Date for AIM Listing Strongbow Exploration Inc. is pleased to announce that the requirement for the listing on the AIM – London Stock Exchange under the amended Share Purchase Agreement  with Galena Special Situations Master Fund Limited  and Tin Shield Production Inc regarding the South Crofty tin project, ...

Importance of rare earth metals mining makes it into COP24

MINEX Forum | December 11, 2018
img0 In a series of talks that took place within the COP24 summit in Katowice, Poland, defenders of the circular economy highlighted the importance of including mining of rare earth metals into their discussions. Based on a research document focused on the Netherlands and prepared by consulting and venture building firm Metabolic, the experts agreed that ...

Serbia’s mining sector could contribute 5% of national output by 2023- minister

MINEX Forum | December 5, 2018
img0 Serbia’s mining industry could expand to 5 percent of national output by 2023 if foreign investors keep commitments to plough millions of dollars into copper and lithium production, its mining minister said. The sector currently accounts for 1 percent of Serbia’s gross domestic product. But since 2000, when a decade of isolation of the former ...

Medgold hunts for gold in Serbia with Fortuna Silver

MINEX Forum | November 27, 2018
img0 Medgold Resources (TSXV: MED; US-OTC: MGLDF) is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines (TSX: FVI; NYSE: FSM) is funding. Fortuna extended the 2,400-metre program based on early results, including 13.4 metres from 42 metres downhole grading 5.06 grams gold, 109 grams ...

Macedonia: Euromax assures that it will not use cyanide and sulfuric acid

MINEX Forum | November 21, 2018
img0 Euromax Resources, the concessionaire of the Ilovica Štuk mine, presented the economic benefits and environmental and health measures as part of the mine project to some 200 inhabitants of the municipalities of Bosilevo and Novo Selo. Euromax continues to hold informative meetings with the inhabitants of the two municipalities in order to reach an agreement ...

Macedonia: There is no decision about Ilovica without harmonizing the views of all stakeholders

MINEX Forum | November 19, 2018
img0 Macedonian Government spokesman, Mile Bošnjakovski, said that the decision about the Ilovica mine would not be adopted until the views of all stakeholders have been aligned. Responding to a journalist’s question after a regular press conference of the Government, Bošnjakovski stressed that the government would not do anything to the detriment of citizens. “The Government ...