Tethyan Resources received approval for drilling on the Suva Ruda project

MINEX FORUM | June 13, 2017
img0 Tethyan Resources plc announced that it has signed an access agreement with the Municipality of Raska (the “Agreement”) for the use of roads, and received regulatory approval for all drilling pads required for the 2017 drilling campaign on the Company’s Suva Ruda project, located in Southern Serbia. Access permissions have been granted to Tethyan for ...

Serbia launchs the Cadaster of Mining Waste

MINEX FORUM | March 31, 2017
img0 Image: ytimg.com Instruments for Pre-Accession Assistance helps economically weak countries in Europe to develop their infrastructure, rural infrastructure, industry and provide their citizens with better living conditions. In Serbia, the Ministry of Mining and Energy of the Republic of Serbia has commenced with the implementation of first such project. lexology.com noted. The goal of the Cadaster of Mining ...

IMF discussed its Stand-By Arrangement with Serbia

MINEX FORUM | March 7, 2017
img0 Image: cloudfront.net An International Monetary Fund (IMF) mission, led by James Roaf, visited Belgrade during February 27-March 6, 2017 to discuss progress in implementation of commitments under Serbia’s precautionary Stand-By Arrangement (SBA) with the IMF. A full mission for the seventh review under the new semi-annual SBA review schedule, combined with the 2017 Article IV ...

Serbia need a restructuring plan for loss-making state mines to get the IMF loan

MINEX FORUM | January 18, 2017
img0 Image: energovg.rs Serbia hopes to discuss a new loan agreement with the International Monetary Fund in the spring, Prime Minister Aleksandar Vucic said on Wednesday. Serbia’s 1.2 billion-euro loan agreement with the IMF is due to end in February 2018, oann.com reported with reference to Reuters. “We were very satisfied with the results we achieved through that ...