Zijin

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic met with Chinese Vice Minister of Natural Resources Zhuang Shaoqin on Thursday to discuss cooperation and projects in mining, renewable energy sources and ties between educational and scientific institutions of the two countries.

BELGRADE - Serbian President Aleksandar Vucic met with Serbia Zijin Copper representatives on Thursday.

In a post on his buducnostsrbijeav Instagram profile, Vucic wrote they had discussed numerous matters of mutual interest.

Dozens of workers hired by China's state-controlled Zijin Mining Group Co. staged a rare show of dissent on January 14 when they protested in front of a copper mining complex in the Serbian town of Bor, majority-owned by Zijin since 2018.

Tanjug reported this on Fridy citing Miladin Kovacevic, head of the national statistical office RZS.

FDIs in Serbia will reach 3 bln euros in 2018, Miladin Kovacevic, head of the national statistical office RZS, said Friday.

Minister of Mining and Energy Aleksandar Antic and Vice President and Executive Director of Zijin Mining George Fang signed the acquisition contract today.

The Minister of Energy and Mining Aleksandar Antic explained that the Chinese company submitted the best binding bid in the amount of $1 billion and 260 million out of which $350 million would go to mandatory monetary capital increase.

The company's obligations also include keeping all 5,000 workers and providing additional $200 million for previous debts.

Vecernje Novosti reports that the interested companies are Chinese Zijin Mining, Ugold Limited based in Cyprus and backed by Russian capital and Canadian-Finnish investment fund Champion Iron.

BELGRADE - Serbian President Aleksandar Vucic on Monday received Zijin Mining Group Co Ltd representatives, who said the Chinese company was interested in taking part in a tender for a strategic partnership in Serbia's RTB Bor mining and smelting complex.

The Serbian government plans to launch the tender in the first half of this year.

BELGRADE - A tender to select a strategic partner for the RTB Bor mining and smelting complex will be launched by the end of May, the company's CEO Blagoje Spaskovski told Tanjug on Monday, noting that RTB Bor was offering 1.34 bln t of ore deposits and a qualified workforce.

BELGRADE - Tomislav Nikolic, who chairs a national council coordinating Serbia's cooperation with Russia and China, said at Monday's meeting with representatives of the Chinese Zijin Mining Group Co Ltd that, following the successful privatisation of the Smederevo steel mill, the group's potential strategic partnership with the RTB Bor mining and smelting complex would strengthen the Sino-Serbi