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Tag: RTB Bor

Serbia: Zijin prepares bid for Freeport McMoRan – Chinese want to buy US part of mine near Bor?

MINEX Forum | October 15, 2019
October 15, 2019 MINEX Forum
img0 Chinese company Zijin, owner of the upstream zone of the future Chukaru Peki Copper and Gold underground site, has prepared an offer to buy off part of it from American company Freeport McMoRan. The plan of the Chinese company Zijin, which is also a strategic partner of RTB Bor, is to invest almost half a ...
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Effects of ZiJin privatization of Serbia copper mine yet to be seen

MINEX Forum | September 16, 2019
September 16, 2019 MINEX Forum
img0 The highest net profit in 2018 in Serbia, according to statistics of the Business Registers Agency, was made by RTB Bor with 90 billion RSD. However, this business result is not the result of the takeover by the Chinese company Zidjin because it refers to the period when RTB Bor was still owned by the ...
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Zidjin opens the “Chukaru Peki” mine in Serbia in the next two years

MINEX Forum | September 9, 2019
September 9, 2019 MINEX Forum
img0 Chinese mining company “Zidjin”, which owns RTB Bor, will open a new copper mine at the Chukaru Peki site near Bor in the next two years, and an agreement to develop the project, whose initial investment is close to $ 500 million, was signed in China. The memorandum of understanding for the development of the ...
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Le Figaro: Serbian copper in Chinese hands

MINEX Forum | April 19, 2019
April 19, 2019 MINEX Forum
img0 Le Figaro: Serbian copper in Chinese hands China’s acquisition of the Mining and Smelting Combine (RTB) in Bor is just one in the series of Chinese investments in the countries of the former Yugoslavia, under the One Belt, One Road strategy – the renowned French daily, Le Figaro writes. After 20 years of agony and ...
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Russian U Gold dissatisfied with Serbia decision to sell RTB Bor to Chinese Zijin

MINEX Forum | September 18, 2018
September 18, 2018September 18, 2018 MINEX Forum
img0 Representatives of the company U Gold, which was one of the two bidders for the purchase of the majority package of RTB Bor, expressed dissatisfaction with the decision of the Serbian Government of Serbia to opt for the offer of the Chinese company Zijin. They also are dissatisfied, as they say, with the attitude of ...
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Zijin Mining to invest $320 mln in Serbia’s Cerovo 2 copper mine

MINEX Forum | September 10, 2018
September 10, 2018 MINEX Forum
img0 China’s Zijin Mining Group plans to invest $320 million (275.6 million euro) in the opening of the Cerovo 2 open pit mine in Serbia in the next three years, energy minister Aleksandar Antic has said. The opening of the Cerovo 2 mine is of utmost importance for copper miner and smelter RTB Bor, as it ...
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Bargain acquisition of Serbia copper company by Zijin China

MINEX Forum | September 10, 2018
September 10, 2018 MINEX Forum
img0 On the last day of August, Aleksandar Antic, the Minister of Mining and Energy in the Government of Serbia, put an end to several months of speculations on which of the three most serious bidders will buy the year-long ailing giant, Mining and Smelting Combine Bor. With an investment of 350 million euros for 63 ...
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China’s Zijin wins race for Serbia’s largest copper mine

MINEX Forum | September 3, 2018
September 3, 2018 MINEX Forum
img0 Serbia has picked a Zijin Mining, China’s largest gold miner and one of the country’s top copper producers, to take over its debt-hit copper mining and smelting complex RTB Bor, Minister of Mines and Energy Aleksandar Antic said on Friday. The $1.26 billion-deal, which gives Zijin a 63% stake in the asset, marks the latest ...
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Chinese, Russian-owned companies place binding bids for Serbian copper mine

MINEX Forum | August 30, 2018
August 30, 2018 MINEX Forum
img0 China’s Zijin Mining and Russian-owned U Gold have sent valid bids for a strategic partnership in RTB Bor, Serbia’s only copper mine and smelter, mining and energy minister Aleksandar Antic said on Tuesday. In July, Belgrade invited bids for a partner to invest at least $350 million in debt-laden RTB Bor but did not say ...
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Merkel allies pile on the pressure to keep coal plants running

MINEX Forum | August 22, 2018
August 22, 2018 MINEX Forum
img0 Germany’s states are upping pressure on Chancellor Angela Merkel to keep coal-fired power for as long as 30 years as the nation approaches a deadline for setting an exit date from the fossil fuel. Merkel’s administration is committed to shuttering about 120 lignite and hard-coal plants to cut emissions and plans to set a final ...
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Three companies from Canada, China, Russia bid for Serbian copper mine

MINEX Forum | August 21, 2018
August 21, 2018 MINEX Forum
img0 Three companies from Canada, China, Russia bid for Serbian copper mine BELGRADE – Three companies have placed bids for a strategic partnership in RTB Bor, Serbia’s only copper mine and smelter, the Economy Ministry said. In July, Serbia’s government said it was seeking a partner to invest at least $350-million in debt-laden RTB Bor, but ...
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Photoreport: MINEX Europe forum participants visit RTB Bor mine site

David McHutchon | June 22, 2017
June 22, 2017June 22, 2017 David McHutchon
img0
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  • IDEX Corporation to Acquire Abel Pumps L.P.

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  • Boston Metal Raises $50 Million to Decarbonize...

    BOSTON--(BUSINESS WIRE)--Boston Metal today announced it raised $50 million in Series B funding, positioning the company to accelerate industrial-scale deployments of its molten oxide electrolysis (MOE) technology towards emissions-free steel. The financing was led by Piva Capital, BHP Ventures, and Devonshire Investors, the private investment firm affiliated with FMR LLC, the parent company of […]

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