Wednesday, 14th May 2025

Mining

Pljevlja’s Coal Mine Defies Expectations

In a remarkable first-quarter performance, Montenegro’s Coal Mine Pljevlja posted a profit of €6.28 million—up 70% compared...

Zijin Unveils Major Gold and Copper Discovery in Serbia

In a groundbreaking announcement, Zijin Mining, in partnership with EMX Royalty, has uncovered a vast new mineral deposit in Serbia. Located seven kilometers southeast of...

Mining Sparks Revival in Bosnia’s Vareš

The Municipality of Vareš in Bosnia and Herzegovina has recorded an impressive 38.19% rise in fiscal revenue year-on-year, with a remarkable 86.8% surge in...

Bosnia Explores Strategic Lithium Reserves

Bosnia and Herzegovina may be sitting on a trove of lithium, a critical resource for the global transition to green energy, but the extent...

UK Prepares for Opening of First Lithium Mine in Cornwall

In a significant step towards bolstering Britain's green energy future, a demonstration plant for processing lithium has begun operations in Cornwall, marking the first...

Why Is Turkey Leading the Global Rush for Gold in 2023?

Analysts believe Turkey is seeking refuge in gold as the lira continues to weaken and inflation remains rampant. With the value of its currency...

Adriatic Metals Announces Leadership Changes Amid Transition to Steady State Production

CEO and Managing Director, Paul Cronin, has resigned from the Board and is stepping down today, on 9th August, relocating to Australia for family...

Strickland Metals Unveils Promising Gold Discovery in Serbia

Australian company Strickland Metals, which announced in April its purchase of the Rogozna gold project in Serbia for USD 37 million, has confirmed the...

Largest Gold Deposit in Europe Up for Sale in Serbia – Lece Mine Starting at €34.5 Million

The Bankruptcy Administration Agency announced the auction of the mine, which is part of the Farmakom MB consortium currently in bankruptcy. The mine, valued at...

Chinese Company Shows Interest in Acquiring Berane Coal Mine in Montenegro

A renowned Chinese company, specializing in mineral resource exploitation, has recently expressed interest in acquiring the Berane coal mine in Montenegro. Nikola Šćekić, the...

Chad Blewitt, Acting Managing Director of Rio Tinto’s Jadar Project

Mining’s Role in Europe’s Sustainable Future

Chad Blewitt is the acting managing director of Rio Tinto’s Jadar Project, which is regarded as being among the most significant lithium deposits in...

Adriatic Metals BiH Marks a Milestone with First Ore Concentrate Production in Vareš Project

Adriatic Metals BiH has achieved a significant milestone in the mining industry of Bosnia and Herzegovina with the production of the first ore concentrate...

Montenegro Forms Key Petroleum Distributors Group for Sector Advancement

The Petroleum and Petroleum Products Distributors Group under the Energy and Mining Committee of the Montenegrin Chamber of Commerce convened its inaugural session, led...

Montenegro Sees Rise in Hallmarking Requests for Precious Metals

According to the Institute's representatives, the year saw approximately 100 kilograms of gold, 232 kilograms of silver, and around 1.3 kilograms of platinum items...

Bosnia’s Gold Rush: Vareš Mine to Boost Economy with €5 Billion Exports

This ambitious project will initially create 300 jobs at the mine itself, with projections indicating that it could eventually lead to the creation of...