29.8 C
Supported byspot_img

Serbia mining stats show decrease of mining research projects in 2015

Member of Europium Groupspot_img
Supported byspot_img

Mining exploration trends in 2015 brought certain level of decrease in geology and mining activities in Serbia.

According to official data in Serbia there are more than 900 metal mineral resources deposits, 1200 non metal mineral resources locations and more than 150 locations with coal and 270 locations of oil and gas explained Dragan Milosevic from Terragold company on the mining conference organized by Tsomokos.

Planed investments into geology research in Serbia marked the significant drop in 2014 on the level of 25MEUR. In 2013 44MEUR were invested and in 2012 46MEUR which represents the biggest level of mining investments in Serbia. In 2012 investors open 13 new mines.

Supported by

Since 2012 market shows the drop in metal resources research projects from 95 to only 9 in 2015. Non metal research projects droped also from 17 to 5 locations in 2015.

Share of mining in GDP Serbia in last five years moves between 1,19 to 1,69%. In 2014 the mining share in GDP was 1,65%

Supported byElevatePR Digital

Related News

Coal India expands into graphite mining with new license

Coal India Limited (CIL) is diversifying its operations beyond coal for the first time by entering the graphite mining sector. The Ministry of Mines...

Latin America’s chance to redefine mining and drive the global energy transition

Latin America's tumultuous relationship with mining dates back to the conquistadors' plundering of gold and silver for the Spanish crown. Following independence, the arrival...

U.S. faces critical mineral supply challenges: Urgent policy reforms required for energy security

The global shift towards electrified economies is redefining energy security, as the demand for essential metals like lithium, graphite, copper and rare earth minerals...

Cornish Metals finalizes $4.5 million royalty sale to focus on South Crofty tin project in UK

Cornish Metals Inc., a mineral exploration and development company focused on its 100% owned and permitted South Crofty tin project in Cornwall, UK, has...
Supported by
Supported by
Supported by
error: Content is protected !!