Uzbekistan: Kazakh companies eyeing mining projects

Kazakhstan’s companies specializing in geological exploration are ready to work in Uzbekistan, the general director of the Kazakh-Australian company “Aurora Minerals Group” Kaisar Kozhamuratov said at the 10th international conference “Uzgeoinvest-2017”. “Uzbekistan has always been interesting for us from the point of view of geological exploration, since there are a lot of large deposits here.…

Ukraine: gap appears at Lviv mine

Following a recent earthquake, a pit with the diameter of 300 meters and the depth of 50 meters appeared at a mine in Lviv region.

The mine is situated in the zone developed by Polymineral Mining and Chemical Enterprise.

A basin with mineral water could appear there in time. (Ukrainian metal)

Ukraine: mining prices down in May 2017

Prices in industry in May decreased by 1.3% after an increase of 1.6% in April, 3.5% in March and 3.1% in February. According to the State Statistics Service, the main reason of the decline was the price drop of metallic ores (by 22%). In mining and quarrying the product price decrease was 9.8%, while in…

Uzbekistan offers 29 mineral deposits to foreign investors

Uzbekistan has offered 29 deposits of strategically important solid minerals, including 12 gold deposits, to foreign investors for industrial development. In accordance with the Uzbek government’s decree, published in the national legislation database, investors were also invited to develop eight deposits of tungsten and three deposits of uranium, iron and lithium, each. In addition, potential…

Ukraine: Avellana Gold to mine polymetallic ores

Avellana Gold (Cyprus) intends to start mining polymetallic ores in Western Ukraine. “The management of the State geology service has recently had an official meeting with the American representatives of the company. The parties discussed main terms of mineral resources mining. The investor has acquired companies with licenses to mine and prospect polymetallic ores”, said…