Mining

An interesting article from Australia about mining activities there and the similarities with our case:

Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership between Moscow and Beijing.

"Mining is really demanding. Emery miners are forced to inhale dynamite smoke in tunnels as deep as 500 meters beneath the surface.

Investors from China, Russia and Canada have shown "great interest" in the RTB Bor copper mining and smelting complex in eastern Serbia.

Beta reported on Friday that it learned this from the Ministry of Economy, and that the same sources said a decision has been made to find a strategic partner for the company as soon as possible.

The Greek subsidiary of Canada's Eldorado Gold, Hellas Gold, is set to put its investment in mining projects in Halkidiki on ice following the government's decision to refer its dispute with the company to arbitration.

Hellas Gold announced on Wednesday that it has suspended the inauguration of the facilities at the Olympias mine in northern Greece 'until further notice.'

The Luxembourg government approved the law passed by parliament, which gives full rights to resources derived from space. This law has been worked on since last year and now, as of August 1, it enters into force. Reports Kaldata. 

BELGRADE - A memorandum of understanding signed on Monday by the Serbian government and the company Rio Tinto should enable the implementation of the Jadar project, a lithium exploration effort near Loznica, western Serbia.

The world-class lithium-borate deposit, estimated at 200 million tonnes, will be able to generate over 10 percent of the global lithium output.

The Serbian government and the Rio Tinto company on Monday signed a memorandum of understanding on developing "world-class lithium-borate deposits."

The Serbian government announced this, noting that Prime Minister Ana Brnabic attended the signing, and that the MoU concerned the Jadar projects in western Serbia.

The Foundry Informatics Centre recently said that India, despite having rich metal and mineral resource, lagged behind other countries, such as China, Australia, South Africa and Brazil, mainly because of poor performance by the mining industry.

Turkey's Council of State has approved a local court decision on a major copper mine in the Black Sea province of Artvin, a project that has triggered strong reactions and protests by locals and environmentalists.

After an application by the Green Artvin Association to cancel the project, the top court ruled there was no need for the cancelation of it.