Serbia is mining away a green future

MINEX Forum | September 18, 2018
img0 Serbia’s notorious Drmno coal mine is rapidly expanding on Chinese loans, pushing the country towards high-carbon lock-in and long-term debt. The Drmno mine in Serbia is rapidly expanding, without anyone knowing what its impacts will be. Despite a planned 30 per cent increase in production volume, no figures on the surface areas expansion have been ...

Friendly All-Cash Agreement for Nevsun to be Acquired by Zijin Mining for US$1.41 billion

MINEX Forum | September 5, 2018
img0 Consideration of C$6.00 per share represents 57% premium to unaffected Nevsun share price Board of Directors unanimously recommends Nevsun shareholders ACCEPT the Offer Vancouver, BC, / Fujian, China — Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN: NSU) (“Nevsun” or the “Company”) and Zijin Mining Group Co.Ltd. (SH:601899, SEHK:2899) (“Zijin”) today announced that the parties have entered into a definitive agreement pursuant ...

Mundoro provides exploration and corporate update

MINEX Forum | September 5, 2018
img0 Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”) reports an update on the Company’s exploration activity and filing of its condensed interim consolidated financial statements for the three and six months ended June 30, 2018 and the related management’s discussion and analysis of financial position and results of operations.Update on Exploration Activity In Serbia, drilling ...

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 ...

Tethyan completes drilling at recently acquired Serbia zinc lead project

MINEX Forum | August 27, 2018
img0 Gold and base metals explorer Tethyan Resources has completed its first drill programme at the recently acquired Kizevak zinc/lead/silver project, in Serbia. The Kizevak project is situated on an exploration licence held by Tethyan’s Serbian subsidiary Taor and is located 1 km south-east along strike from a past-producing openpit zinc/lead mine. The TSX-V-listed company said ...