Mineco to build the first underground mine in Bosnia and Herzegovina after 30 years

Irina Dorokhova | February 2, 2017
img0 UK base metal miner Mineco said it has invested over $1 million (927,200 euro) in the construction of its lead mine near the municipality of Olovo in Bosnia and Herzegovina over the past 12 months, and is due to open it shortly, said seenews.com. After four years of project development and construction of underground facilities, the preparations ...

Vast Resources sells its African assets to develop Romanian project

MINEX FORUM | February 1, 2017
img0 Image: Vast Resources Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, announced that it has signed a conditional agreement for the partial disposal of a non-controlling interest in its Pickstone-Peerless Gold Mine and Giant Gold Mine providing gross proceeds of US$8 million principally to advance the Company’s core activities in ...

Polish old mines were transformed into museums

MINEX FORUM | February 1, 2017
img0 In Poland former mines were transformed into tourist attractions. Livemint.com published impressions inspired by some underground mines. Wieliczka Salt Mine Sitting 327m underground, the Wieliczka Salt Mine in the town of Wieliczka has been a tourist attraction since the 15th century, when tours were the preserve of the elite: You needed the consent of the king, ...

Uranium mining legacy fund, Precondition for EBRD project implementation in Kyrgyzstan and Tajikistan

MINEX FORUM | January 26, 2017
img0 Image: ekathimerini.com The EBRD’s latest nuclear safety fund is making progress. Framework agreements have been signed with the Kyrgyz Republic and Tajikistan which will provide the legal basis for implementation of projects in these countries. The purpose of the “Environmental Remediation Account for Central Asia” is to support measures to deal with the legacy of Soviet-era uranium ...

Cornish Lithium Limited is about to become the leading lithium company in the UK

MINEX FORUM | January 19, 2017
img0 Image: businesscornwall.co.uk Newcomer Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall from Canadian junior Strongbow Exploration (TSX-V:SBW). With the deal, the start-up led by the head of mining research at Investec Plc, Jeremy Wrathall, is ...

Avrupa Minerals to prepare projects for potential JV partners

MINEX FORUM | January 19, 2017
img0 Image: streetwisereports.com Avrupa Minerals Ltd. (AVU:TSXV) announced an overview of the Company’s progress during 2016 and an outline of planned activities for 2017.  Base metal prices increased across the board, making Avrupa’s copper and zinc projects in southern Portugal more attractive for potential joint venture in 2017.  The Company was successful in 2016, delivering a number of ...