Berkeley Energia decreased the CAPEX of its uranium Salamanca mine by 1% to €82.3 million

MINEX FORUM | July 6, 2017
img0 The capital cost for the construction of Berkeley Energia’s Salamanca mine has reduced to € 82.3 million (US$ 93.8 million), a 1% reduction over previous estimates. The estimate for bringing the Retortillo deposit into production was prepared as part of the Front-End Engineering and Design (“FEED”) by Amec Foster Wheeler Group, one of the world’s largest engineering groups. The ...

Euromax Services to reassess investments to a golden mine near Trun due to enviromental protests

MINEX FORUM | July 6, 2017
img0 Euromax Services, an indirect subsidiary of Bulgarian copper mining company Asarel-Medet, will reassess its investment plans in Trun, in the west of the country, said seenews.com  with reference to the environment ministry. “Euromax Services is carrying out a complete reassessment of the parameters of the investment proposal […] in relation to the economic and social ...

BitCoin and gold can happily co-exist

MINEX FORUM | July 6, 2017
img0 Ever since BitCoin was invented, comparisons have been drawn with gold, often to gold’s detriment. Charles Morris, chief investment officer at Newscape Group and editor of AtlasPulse.com argues that BitCoin and gold can happily co-exist, while technological advances will ultimately work to gold’s benefit, Gold Investor, the WGC edition, reported. On 2nd March 2017, the ...