Tethyan Resource Corp. has commenced drilling, that will be the first significant exploration programme on the recently acquired Kizevak project, since it was explored by the Serbian State. This initial programme will be conducted with one diamond drill rig, with hole depths to between 150 – 300 metres for approximately 2,300 metres in total and ... Tethyan Resource starts drilling at Kizevak project Serbia
MINEX Forum | June 22, 2020 Tethyan Resource Corp. has commenced drilling, that will be the first significant exploration programme on the recently acquired Kizevak project, since it was explored by the Serbian State. This initial programme will be conducted with one diamond drill rig, with hole depths to between 150 – 300 metres for approximately 2,300 metres in total and ... 
BELGRADE (Serbia), June 2 (SeeNews) – Zijin Bor Copper, the Serbian unit of China’s Zijin Mining Group, has launched a $65 million (58.1 million) project for the construction of an electrolytic copper refining plant, a company official said. The construction of the plant, which will have a capacity to process 200,000 tonnes of copper cathode per year, started on May ... 
BELGRADE (Serbia), April 27 (SeeNews) – Serbia’s government has approved the transfer of buildings and land to local company Rakita Exploration as part of a contract for the development of a mine in the Cukaru Peki area of the Timok copper-gold project, it said. The property is located in the municipalities of Slatina and Brestovac, the government said in ... 
BELGRADE (Serbia), March 27 (SeeNews) – Standard and Poor’s expects China’s Zijin Mining Group mined copper production volume to increase by up to 11% in 2020, backed by the expansion of the company’s production capacity in Serbia, it said on Friday. “Mined copper production volume will increase 7%-11% in 2020 benefiting from ramp-up of Bor copper mine in Serbia,” Standard ... 
The expansion of mining activities continues in Serbia with significant quantities of various metals and non-metals hidden in Serbian mines and more copper, lead, zinc, silver and gold are currently being exploited. Mining industry experts note that it is important that, in parallel with the opening of new mines, a support industry is being developed ... 
In the upper zone of the Chukar Peka deposit near Bor, 44.7 million tonnes of ore with high copper content and associated gold and silver content have been certified, said Minister of Mining and Energy Aleksandar Antic. The minister said that the Chinese company Zidjin is intensively working on a project to open the Chukar ... 
The lamps on the helmets of the mine workers in the womb of the mine and the “Rudnik” flotation on the mountain of the same name, the “roof” of Sumadija, will not be extinguished for at least a decade, and probably much longer. It is guaranteed by new reserves of lead and zinc ore of ... 
China’s Zijin Mining Group plans to invest 200 million euro ($221 million) in revamping and expanding the current capacities of Serbian copper mining and smelting complex Bor which it controls, local media reported. Zijin is currently drafting a project for the planned overhaul and for the planned expansion of the smelter’s annual capacity of 80,000 ... 
In the mining sector this year, the number of employees is seven percent higher than last year. The government estimates that strategic projects at RTB alone with the new Chukaru Peki and Jadar mine will bring in $ 3 billion in new investments. The World Bank also confirmed that Serbia has huge potential for growth ... 
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 ... 
With the realization of the mining projects of “Chukaru Peki” and “Jadar” in Serbia, the share of mining in GDP can jump from the current two percent to five percent, said the World Bank spokesman in Serbia Stephen Ndegwa, who estimated that Serbian mining the sector has enormous potential for growth and new jobs in ... 
Tethyan Resource has announced the discovery of an outcropping gold porphyry system on the western side of is Kremice project, south-western Serbia. The company says channel sampling of a large area of exposed stockwork veining at Kremice West returned consistent mineralisation, with individual samples grading up to 0.68 g/t gold and 0.21% copper. Tethyan has ...