Serbia Mining News

Nevsun off to the races after eye-popping Serbia assays

Drilling results from Vancouver-based company's super high-grade Timok copper-gold project lifts market value to within sight of US$1 billion.

Eldorado announces new exploration projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.

Billion tonnes? Some DSO? A copper discovery in progress

Cukaru Peki was one of the most interesting finds in recent years.

Reservoir Minerals drills 166 meters of 11.29% Copper Equivalent at Timok Project

The joint venture with Freeport McMoran requires Freeport to fully fund the project through feasibility in exchange for a 75% interest.

Chinese company invests $700 million in Serbian coal

Serbia's power utility EPS has signed a $715 million deal with a China Machinery Engineering Corp to build a coal fired power plant.

Serbia could be sitting on ‘several millions’ worth of gold reserves — authorities

Government announced discovery of significant reserves of bullion and copper.

Avala Resources files technical report

The Korkan mineral resource together with the Bigar Hill mineral resource, is estimated at 46,500,000 tonnes for 2,400,000 ounces of gold, using a 0.6 g/t gold cut-off.

Reservoir Minerals announces further drilling results from Timok Cu-Au project including 100 meters grading 4.31% CuEq and 204 meters grading 1.63% CuEq

Drilling results from Timok Cu-Au project include 100 meters grading 4.31% CuEq and 204 meters grading 1.63% CuEq.

Mundoro issues proxy circular-shareholders urged to vote their gold proxy

"The actions of the petitioner (NMI) in planning to 'hide in the weeds' until the AGM appear to be aimed at preventing all shareholders from having notice and the opportunity to vote in a proxy contest."

Avala Resources grants stock options

The company, subject to regulatory approval, has granted an aggregate of 1,875,000 stock options to officers, employees and consultants. The options are exercisable at a price of $0.65.

Mundoro receives seventh exploration license in Serbia

The company has received approval from the Serbian government for its Borsko Jezero exploration license, the area is located within the highly prospective world class Timok Magmatic complex.

Pan Global up 20% after borate discovery in Serbia

Vancouver's Pan Global Resources Inc (TSX-V:PGZ) added 20% on Wednesday on higher than usual trading volumes, after announcing it has intersected significant borate mineralisation at its Valjevo licence in Serbia.

Reservoir Minerals drills 266 metres grading 1.23% copper equivalent at Timok project

Diamond drilling on the company's Timok Project in eastern Serbia has intercepted copper and gold mineralization, including 266 meters grading an average of 1.23% copper equivalent from 598 to 864 meters.

Avala Resources grants stock options

Subject to regulatory approval, it has granted an aggregate of 400,000 stock options to non-executive directors.

Avala Resources announces initial resource estimate for Bigar Hill, part of the Timok gold project, Serbia

The Bigar Hill mineral resource has been estimated at 38,000,000 tonnes grading an average of 1.3 g/t gold in the inferred resource category for 1,500,000 ounces of gold, using a 0.4 g/t gold cut-off.

Avala Resources Grants Stock Options

Avala Resources Ltd. (TSX VENTURE:AVZ) (the "Company") wishes to announce that it has granted an aggregate of 4,860,000 stock options (the "Option") to directors, officers, employees and consultants of the Company and its Serbian subsidiary.

Ultra Lithium acquires 344 square kms of Serbian mineral concessions with lithium and boron potential

Posted by Editor Friday, 08 July 2011 Ultra Lithium Inc. (TSX VENTURE:ULI) ("the Company" or "Ultra") is pleased to announce that it has been granted four (4) additional lithium/boron exploration licenses (prospects) in the Republic of Serbia through its