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 ...

Canada’s Erin boron exploration in Serbia shows serious mining potential

MINEX Forum | August 27, 2018
img0 Canada-based mineral exploration and development company Erin Ventures’ exploration activities in Serbia show the country has a significant boron mining potential, a Serbian government aide has said. “The research indicates that there is good potential, but still there is no verification so we cannot precisely say what the reserves are,” Ivan Jankovic, an advisor to ...

Rio Tinto invests $100 mln in Jadar project in Serbia since 2004

MINEX Forum | August 7, 2018
img0 British-Australian mining corporation Rio Tinto has invested $100 million (86.3 million euro) in the development of the Jadar lithium borate discovery in Serbia since 2004, the Serbian government said. “As Jadar can significantly influence the development of Loznica and the whole region, the government has established an inter-ministerial working group to cooperate with the investor ...

Serbia anticipates investors from China

David McHutchon | July 12, 2017
img0 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister, anticipates investors from Hong Kong and Beijing will pour tens of millions of euros into eastern Europe and he wants Serbia — among ...

The 2nd MINEX Europe Mining & Exploration Forum was held on 14-16 June 2017 in Belgrade

David McHutchon | June 28, 2017
img0 MINEX Europe Mining & Exploration Forum offered vibrant platform for dissemination of innovative technologies and promoting investment opportunities for mining and exploration across Eastern, Central and Southern Europe. The Forum brought together over 170 delegates from 24 countries representing mining and technical projects, European and Global mine operators, Practitioners from consulting companies, Equipment suppliers and software providers, ...

Serbia is expecting the US$3 billion of mining investments

David McHutchon | June 21, 2017
img0 Following efforts by the Serbian government to reform the country’s mining law, the sector is forecasting a total investment of up to US$3 billion over the next five years, marketintelligence.spglobal.com reported with reference to Terragold mining engineer Dragan Milosevic. “There is a bright future for mining in Serbia,” he said during the European Minex Forum ...

Tethyan Resources received approval for drilling on the Suva Ruda project

David McHutchon | June 13, 2017
img0 Tethyan Resources plc announced that it has signed an access agreement with the Municipality of Raska (the “Agreement”) for the use of roads, and received regulatory approval for all drilling pads required for the 2017 drilling campaign on the Company’s Suva Ruda project, located in Southern Serbia. Access permissions have been granted to Tethyan for ...

Serbia launchs the Cadaster of Mining Waste

David McHutchon | March 31, 2017
img0 Image: ytimg.com Instruments for Pre-Accession Assistance helps economically weak countries in Europe to develop their infrastructure, rural infrastructure, industry and provide their citizens with better living conditions. In Serbia, the Ministry of Mining and Energy of the Republic of Serbia has commenced with the implementation of first such project. lexology.com noted. The goal of the Cadaster of Mining ...