Geological Survey of Slovenia hosted Mining Robotics and Automation conference

MINEX Forum | February 6, 2018
img0 Geological Survey of Slovenia hosted UNEXMIN, iVAMOS! and RTM – joint conference. The conference brought together experts in the field of robotics, minerals exploration and mining (including underwater mining) to discuss about latest advances in the field and rise synergies on innovation in mineral prospecting and extraction.  Review conference proceedings here Mining plays an important role ...

Eurasia Mining highlight

MINEX FORUM | February 6, 2018
img0 Eurasia Mining, Eurasia Mining plc (LON:EUA) says its application for a mining permit for the Monchetundra project in Russia is progressing much quicker than expected. The authority on mining, Rosnedra has now approved a draft of the permit and has forwarded the relevant documents to the ministry for defence (MOD) and Federal Security Service (FSB) ...

Orsu Metals confirmed gold mineralization at Sergeevskoe Gold Project in Russia

MINEX FORUM | February 6, 2018
img0 Highlights: Hole SDH17-20 intercepted gold mineralized intervals, which together with intervals in historical holes, have tripled the strike length of gold mineralization to 300 m, with 170 m width and 150-200 m depth at Zone 23 Dr. Alexander Yakubchuk, Director of Exploration of Orsu commented: “Hole SDH17-20, primarily drilled to constrain the downdip geometry of gold-mineralized stockwork at ...

Polyus Gold: Waiting For Natalka

MINEX FORUM | February 6, 2018
img0 Summary Polyus Gold will produce 2.8 million ounces gold in 2019, up from 2.1M in 2017. The capex will decrease as the Natalka project is almost completed. The expected free cash flow yield in 2019 will be approximately 11-12%, which includes a Russia risk premium. This idea was discussed in more depth with members of ...

Belarusian Universal Commodity Exchange welcomes first broker from Kazakhstan

MINEX FORUM | February 6, 2018
img0 The Kazakhstan-based company Renmak obtained the status of a non-resident exchange broker at the Belarusian Universal Commodity Exchange (BUCE). Rashid Ganiyev, director of the Kazakh company, received the certificate at the BUCE central office, BelTA learned from the commodity exchange. According to Chairman of the BUCE Board Arkady Salikov, one of the BUCE’s top-priority tasks ...

Kazakhstan, Kyrgyzstan, and Uzbekistan on the Crypto Radar

MINEX FORUM | February 6, 2018
img0 Several Central Asian countries have taken steps to embrace cryptos one way or another. Kazakhstan, Kyrgyzstan, and Uzbekistan are some of the less conspicuous former Soviet republics, but now they are starting to appear on the crypto radar. With certain inherent advantages and some clever new policies, they try to attract investors and integrate into the ...