Europe: Gas prices hit...

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s...

Region: Electricity prices drop...

In Week 34 of 2025, electricity market prices declined across most South East...

Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...
Supported byClarion Energy
HomeMiningTons of gold...

Tons of gold in waste – a worth of 720 millions of euros has been discovered in Bor, Serbia

After five years of research, the Bor Institute for Mining and Metallurgy (IMM) and Japan’s Akita University have come up with fantastic data. Specifically, by surveying 10,000 square kilometers, for which two Japanese Space Agency satellites were used, they found out that there was so much mining waste between Bor, Majdanpek, Danube and Timok from which, with the use of the best technology, one could extract about 90,000 tons of copper and close to four tons of gold, worth more than – 720 million of euros.

This was confirmed for Vecernje Novosti by Mile Bugarin, director of IMM.

“Five years ago, based on an agreement between the governments of Serbia and Japan, IMM and the Akita University started a 5 million dollars project aimed at exploring a space directly influenced by mining. Based on these studies, for which our partners from Japan also used two satellites, it was reported that mining waste, at current metal prices, captured more than 720 million euros”, Bugarin explains.

He points out that the next phase of the project should be the selection of the best technology, which, along with land reclamation, would also contribute to the extraction of copper, gold and some silver from mining waste from the area.

Source: b92.net

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia seeks further US sanctions delay for NIS

The Serbian Government has formally requested the US administration to grant another postponement of sanctions on oil company NIS, citing its Russian ownership. The current extension, set to expire on March 28, was previously granted for one month. Serbian Minister...

EU countries’ spending on Russian energy vs. aid to Ukraine (2022–2024)

A recent analysis of EU nations’ expenditures on Russian oil and gas imports compared to their financial, military and humanitarian aid to Ukraine reveals significant disparities. Italy, Hungary and the Netherlands emerged as the top spenders on Russian energy, with...

Serbia and Azerbaijan sign agreement on energy and mining cooperation

The Governments of Serbia and Azerbaijan have signed a cooperation agreement focused on energy and mining, aiming to strengthen collaboration between the two countries in these sectors. The agreement outlines joint activities to promote cooperation and business relations, based...
Supported byVirtu Energy
error: Content is protected !!