Slovenia: Westinghouse and Hyundai...

US-based nuclear energy company Westinghouse, in collaboration with South Korea’s Hyundai Engineering &...

Romania seeks extension on...

Romanian Energy Minister Sebastian Burduja announced that the Ministry will formally submit a...

Greek electricity market shifts:...

Data from Greece's regulatory authority for energy (RAAEY) reveals that the market rankings...

Greece: Government approves 300...

The Greek Government has granted environmental approval for a 300 MW solar project...
Supported byClarion Energy banner
HomeMiningThe company Serbia...

The company Serbia Zijin Copper d.o.o. Bor plans to maximally expand the mining of the Bor river deposit

The company Serbia Zijin Copper d.o.o. Bor plans to maximally expand the mining of the Bor river deposit within the Jama mine to the level of certified ore reserves.

As stated in the request for a decision on the need for an environmental impact assessment of the project to open the Bor River deposit up to K-455, which was submitted by Serbia Zijin Copper to the Ministry of the Environment, currently the mining of ore from the Borska Reka deposit is carried out up to K-235 m.

It is added that the exploration of the Bor river deposits was carried out in the period from 1976 to 1999, and then reserves were verified above the k-455 m level in the total amount of 319,967,170 t of ore with an average copper content of 0.5% Cu and accompanying elements.

However, based on the study on copper and gold resources and reserves, the balance reserves of copper and gold in the Borska reka deposit up to k-800 m above sea level, with a minimum economic content of 0.3%, were certified.

– Given that it is planned to continue exploitation below the level of k-235 m, up to which the project documentation has been prepared and approved, the first phase of opening the deeper parts of the deposit, i.e. the construction of accessible underground mine rooms, will be up to the level of k-455 m of the deposit – the request states.

For this reason, it is stated, the company made the decision to create a supplementary mining project for the opening of the Bor River deposit up to an elevation of k-455 m.

The project envisages the construction of 3 ventilation shafts and one service shaft in the first phase, a service and export shaft, as well as the main horizontal rooms for connecting the vertical rooms at the designed levels of deposit opening.

The Bor river deposit is the largest and deepest deposit within the Bor ore field. It is located in the Bor river basin, northwest of the existing surface mine.

As the Novosti wrote in 2019 when Zijin, in cooperation with the Bor Institute for Mining and Metallurgy, began the development of the main mining project for the exploitation of the Bor river underground deposit, it was estimated that this site hides reserves of almost four million tons of copper, 130 tons of gold and more than 1,000 tons of silver, the value of which is greater than USD 30 billion.

It is also stated that it is assumed that Bor River hides much more than the so far established reserves of about 320 million tons of ore – even more than a billion tons, with an average content of one percent of copper, which is almost three times more than in the RTB mines that are are currently exploiting.

Information from 2002 also testifies to how attractive the Bor River is as a deposit, which in its mineralogy resembles the underground copper mine Čukaru Peki. Then the World Bank, before announcing the first tender for the sale of RTB, issued a study according to which the future of mining here should be based on the exploration and exploitation of that deposit – reported Novosti.
Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Region: Serbia advances hydropower ambitions with Buk Bijela plant in partnership with Republic of Srpska

The Serbian government is making significant efforts to secure its energy future by tapping into its hydropower resources. The key project in this initiative is the 114.4 MW Buk Bijela hydropower plant on the Drina River, which is being...

Serbia: Fortis Energy plans renewable energy investments in Bujanovac

Turkish company Fortis Energy has expressed its interest in investing in renewable energy projects in the Bujanovac area, according to the municipality’s President, Arber Pajaziti. Pajaziti highlighted that Bujanovac is an ideal location for solar and wind energy production...

Region: NIS requests sanctions delay with Serbian and Hungarian government support

Serbian oil company NIS has officially requested a delay in the enforcement of US sanctions imposed by the Office of Foreign Assets Control (OFAC), with support from the Serbian and Hungarian governments. The request aims to secure either a...
Supported bySEE Mining News
error: Content is protected !!