25.4 C
Belgrade
Supported byspot_img
spot_img

Mining exploitation and exploration in Serbia during Corona virus without delays

Member of Europium Groupspot_img
Supported byspot_img

Serbian Mining and Energy Minister Aleksandar Antic said that the production of copper and all associated ores is proceeding according to the planned dynamics and that there are no major disruptions of these processes.

 

He met with Gian Simin, CEO of Serbia Zijin Bor Copper, and Fu Feilon, CEO of Rakita Exploration, (a company owned by Zijin Mining Co. Ltd.), which is developing the Chukaru Peki project near Bor. Gian and Fu briefed the Minister on the situation in the ore production processes, as well as on all necessary measures taken by these companies to protect workers in the fight against the COVID epidemic 19.

“It is important for us to continue production in the Bor mines in the future, according to the agreed dynamics, and for this, first of all, the conditions of complete protection of all workers during the epidemic are necessary. These companies have taken all the precautionary measures and therefore there is no fear that production continuity will be maintained. The Chinese partners have transferred all experience of taking these measures from their mines around the world, and that this is another circumstance that will help overcome the epidemic more easily, “the minister said.

Supported by

Antic reminded that the mining sector is of great importance for Serbia, given the share of this industry in total GDP growth.

“The economic measures presented by President Aleksandar Vucic are yet to show their true strength, and we expect Chinese partners to provide new investment with the necessary support to the Serbian economy after the epidemic. Zijin Bor Copper has allocated $ 800 million for 2020 and 2021 to increase production capacity through the reconstruction of existing and opening new mines, increasing the capacity of the smelter, as well as investing environmental assets, whose effects are already visible, “he added.

Zijin Bor Copper and Rakita Exploration have jointly donated $ 571,000 in Chinese companies’ assistance to Serbia for the procurement of equipment for a laboratory in Niš, which will be used for the tests on corona virus.

Source: danas.rs

Supported byElevatePR Digital

Related News

Final legal discussions underway for EU-Serbia lithium trade partnership

Commissioner Maroš Šefčovič revealed that the final legal obstacles are being addressed before the EU-Serbia trade partnership, focused on sourcing lithium from the Jadar...

Balancing Serbia’s lithium wealth with environmental responsibilities

Serbia's aggressive foreign policy stance towards its neighbors is matched by its valuable lithium reserves, estimated to account for about 1.3 percent of global...

Deciphering Rio Tinto’s influence: The mining conundrum in Serbia

In the sphere of Serbian mining, Rio Tinto's possible compensation claims have become a focal point of discussion among politicians, with some treating the...

Continued exploration efforts: Rio Tinto’s pursuit in the Jadar project

The "Jadar project" was officially terminated at the start of 2022, yet Rio Tinto persists in its exploration endeavors with the full backing of...
Supported by
Supported by
Supported by
error: Content is protected !!