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 ...

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 ...

Raiden to launch drilling programme at copper-gold licence in Serbia in Q2

MINEX Forum | April 16, 2019
img0 Australian mining group Raiden Resources said it plans to launch a diamond drilling programme at its Donje Nevlje copper-gold project in southern Serbia in the second quarter of 2019. The 1,500-metre diamond drilling programme aims to evaluate porphyry and epithermal mineralisation prospects and will be based on the modelling of the induced polarization (IP) data ...

Rio Tinto drafting documentation for lithium borate mining project in Serbia

MINEX Forum | April 8, 2019
img0 Anglo-Australian mining group Rio Tinto is drafting the project documentation for the construction of the Jadar lithium borate mine in Serbia, said the company’s country head for Serbia, Marnie Finlayson. Finlayson discussed the development of the project at a meeting with Serbia’s infrastructure minister Zorana Mihajlovic, the infrastructure ministry said in a press release. “Jadar is a ...

Mundoro announces completing the third year exploration program on the JOGMEC-Mundoro JV project

MINEX Forum | March 26, 2019
img0 Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”)  is pleased to announce completion of the third year exploration program with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), on the Borsko Jezero license (“Borsko”) located within the Timok Magmatic Complex (“Timok”) in eastern Serbia.  This exploration program is the third year of the ...

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 ...

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 ...