25.7 C
Supported byspot_img

UK mining company Mineco acquires new Bosnia RSC exploration license

Member of Europium Groupspot_img
Supported byspot_img

UK London based mining company Mineco operating with mines in Serbia and Bosnia  has acquired the RSC exploration license in South Eastern Bosnia state the company press release.

Situated on the border with Montenegro this 50km concession is adjacent to the operating Suplja Stjena mine. Since starting geological works in July Mineco’s Project Delivery Team have located and opened some 37 histroric exploration adits in the license area. The team have also conducted an initial wide area survey of the whole concession, conducted a campaign of rock chip sampling and trenching in the more prospective areas. Before winter starts a limited drilling campaign will also be completed on one of the targets. Located in a very remote part of Bosnia, the PDT team are based in the village of Celebici, some two hours away from the town of Foca. There is very limited infrastrucutre in the area and the team have conducted most of the works, including opening the adits and securing them, by hand.

Mineco mining operations were praised as success case story by Mining Ministry and lead zink copper Rudnik mine was promoted as success case privatization project in Serbian mining industry.

Supported by

According to statements from local communities associations and medias, Mineco Bosnian mines Gros and Veliki Majdan have significant positive impact on local economic development.

Supported byElevatePR Digital

Related News

Ukraine’s strategic importance in global critical raw material supply chains amid geopolitical dynamics

Ukraine's role in global supply chains for critical raw materials is increasingly pivotal amidst ongoing geopolitical challenges. These include the Russian invasion of Ukraine,...

Nornickel in talks with China Copper for copper smelting venture in China

Russian mining giant Nornickel is reportedly in discussions with China Copper to establish a smelting facility in China. This joint venture aims to relocate...

Pan Asia Metals secures option agreement for RK Lithium Prospect in Thailand

Pan Asia Metals Limited has taken a significant step forward by securing an exclusive option agreement for the RK Lithium Prospect in Thailand. This...

Critical Metals partners with Obeikan Group to build lithium hydroxide plant in Saudi Arabia

Mining company Critical Metals has finalized a joint venture (JV) agreement with the Obeikan Group to establish a lithium hydroxide processing plant in Saudi...
Supported by
Supported by
Supported by
error: Content is protected !!