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gold exploration

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Gold exploitation will not begin at any of the locations in Serbia

This is what Miroslav Ignjatović, an advisor in the Energy and Mining Association of the Serbian Chamber of Commerce, says for Sputnik, who believes...

Žagubica will become the Serbian Eldorado or will continue to remain one of the most underdeveloped municipalities

Information about the new deposit was officially announced by the Ministry of Energy and Mining on Friday, stating that, according to preliminary results, it...

Serbia, The opening of a mine at the “Čoka Rakita” site is possible

The Canadian mining company, which discovered the gold deposit near Žagubica, Dundee Precious Metals (DPM) assessed that a lot still needs to be done before...

Serbia, Terra Balcanica adds prospective gold exploration license to its portfolio

Terra Balcanica Resources Corp. (“Terra” or the “Company”) is pleased to announce the granting of the Ceovishte exploration licence by the Serbian Ministry of Energy...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.