Serbia's deposits of gold and copper remain among richest in region

The Novi Sad-based daily Dnevnik is reporting that Serbia remains the only site anywhere in the world of "the new mineral" jadarite.

The mineral was discovered in 2006 in the country's western Jadar River Valley, and according to preliminary estimates, the deposits there can cover at least ten percent of the global demand for such highly sought-after elements as lithium and borate.

At the same time, Serbia's deposits of gold and copper remain among the richest in the region.

"In any case, additional geological surveys are necessary in order to fully learn about all geological characteristics of these deposits," says Rade Jelenkovic, a professor at Belgrade University's Faculty of Mining and Geology.

"The most important in all this is actually the economy. The production price of copper should be less than the market, selling price, otherwise exploitation...