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 ...

Mundoro Provides Second Quarter Exploration Programs Update and Financial Highlights

MINEX Forum | September 4, 2019
img0 September 3, 2019, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”), announces filing unaudited consolidated financial statements and Management’s Discussion and Analysis on SEDAR at www.sedar.com and posting on the Company’s website at www.mundoro.com. All amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTS FOR Q2-2019 Financial Update Partner funded ...

Lithium in Serbia, there may be a fortune buried in a forgotten corner of Europe

MINEX Forum | September 1, 2019
img0 Some estimate that the continent’s largest reserves of lithium⁠—the metal used for batteries⁠ —are in Serbia. The hard part might be getting it out. The ancient scooter gurgling through a languid summer afternoon brought groceries and a fistful of cash to Sasa Antic’s house. Like many of his neighbors, the 30-year-old Serb hasn’t had a ...

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 ...

UK Mineco’s lead zinc mine Rudnik in Serbia, sustainable development since privatization

MINEX Forum | August 27, 2019
img0 If it weren’t for the ancient mining, which taught us modern technologies, there would not be a world of technology today. If, God forbid, we kamarats would stop working, the world would return to its earlier, civilizational or non-civilizational times. Paleolithic, Neolithic …? We, the miners, in the womb of Mount Rudnik, face the historical ...

A look at the prospects of Raiden Resources in Serbia

MINEX Forum | August 25, 2019
img0 Cooper-gold exploration company, Raiden Resources, operates in Eastern Europe. Its tenements are located in Serbia & Bulgaria, which remains a low cost, mining friendly jurisdiction with relatively underexplored areas.  The company has a market capitalisation of ~A$3.69 million, with approximately 410.43 million shares outstanding. On 20 August 2019, the company released a presentation titled ‘Growth ...

Eldorado Gold gets political boost in Greece

MINEX Forum | July 29, 2019
img0 CEO George Burns has met with representatives of the newly elected Greek government in a bid to kickstart Eldorado’s stalled Skouries gold mine. Based in Vancouver, Eldorado is a mid-tier gold and base metals producer with an international portfolio that includes mining, development and exploration projects in Turkey, Canada, Greece, Romania, Serbia and Brazil. Key ...

Greece seeks to kickstart stalled Eldorado gold mine investment

MINEX Forum | July 24, 2019
img0 Greece’s recently-elected government wants a stalled gold mine investment by Canada’s Eldorado to be revived, its energy minister said on Tuesday after meeting company executives. Vancouver-based Eldorado has two operating mines and two development projects in northern Greece but has struggled with permit delays at one location, Skouries, for years. Its planned investment in Greece ...