Report on Titan's US project leaves all odds open

According to sources from the US, the draft report produced by the Army Corps of Engineers states that continued excavation in North-West Miami posses no significant environmental risk. Still the report notes that contamination ... More

Keros Bulgaria awaits construction permit

The application for an integrated permit for the construction of a ceramics factory by Keros Bulgaria, the local unit of Spain's Keros Ceramica, is made available to the public by the Ruse municipality through Aug 11. Once the ... More

Decision about privatization of Mining Smelter Basin RTB Bor in two weeks

Government of Serbia decided yesterday (July 5, 2007) that the method for privatization of Mining-Smelter Basin "Bor" would be additionally analysed within following two weeks, which should be followed by the decision of the ... More

Lafarge to increase productivity with EUR 50 mln of investments

Cement and construction materials producer Lafarge has made total capital and industrial investments of about EUR 300 million in its ten years on the Romanian market. Last year meant the rebranding process of S.C.Lafarge Romcim, ... More

Technogips buys land for construction materials plant

The municipal council of Nova Zagora, Central Bulgaria, has decided to sell 2.8 ha of municipal land to local company Technogips for the construction of a factory for gypsum-based materials. The undeveloped lot, located near ... More

International conference on mining in Prishtina

Over 30 international companies have attended the International Conference on Mining, held in Prishtina. The participants share the belief that Kosovo’s mineral capacities present good possibilities for the potential ... More

Russian company urges new RTB Bor tender

Russia’s Basic Element dispatched a letter to the Serbian government citing its intent to purchase RTB Bor. The letter, addressed to ministers Mlađan Dinkić, Aleksandar Popović, Mirko Cvetković, Rasim ... More

Solvay Sodi expands soda ash production capacity in Devnya

Solvay, the pharmaceuticals, plastics and chemicals group, has announced on its website that Solvay Sodi, its joint venture for the production of soda ash in Bulgaria, is expanding the annual production capacity of its plant in ... More

Italcementi Group presents investment projects

The Italcementi group presented today to the Albanian authorities its investment projects. Chief Financial Officer Giorgio Bodo met Economy Minister Genc Ruli, together with Italian Ambassador to Tirana Attilio Massimo Ianucci. ... More

Lafarge Arcom Gips finalizes EUR 17 million investment in production capacity

investment in production capacity Lafarge Arcom Gips finalized EUR 17 million for new production line in Bucharest, the amount includes also the opening of rock quarry in Prahova county and the upgrading of an equipment. The ... More

Mining co Kaolin buys Ukrainian silica sand quarry

Bulgarian mining company Kaolin has bought a 51% stake in Ukrainian silica sand quarry Papernianskyi, the company said in a filing with the local stock exchange. The Bulgarian company said it plans to hike the capital of the ... More

Pirdop smelter maintenance shutdown completed

European copper company Cumerio said it has successfully finalised the maintenance shutdown of its Bulgarian smelter and has been ramping up production since 1 June. As announced previously, the smelter in Pirdop was shut ... More

Privatization of Plevlja Plant to be stopped

The Parliament of Montenegro has adopted today the conclusions of the debate on oppositional interpellation on activities of the Government in the energy sector and thus requested stopping of the privatization process for the ... More

Canadian Mining Group Lodges Complaint with EU against Bulgaria

Canadian mining group Dundee Precious Metals lodged a complaint with the European Commission against the Bulgarian government, the company said in a statement on its website. The company claims Bulgaria's Environment Minister ... More

Russians eye RTB Bor?

It is in Serbia's interest to attract Russian capital, Deputy Prime Minister Božidar Đelić said. His comments came after a meeting with a delegation from the Russian Duma. He announced a visit by a delegation ... More

New owner of bankrupt Razgrad glassworks

The receivers of Razgrad-based glassworks Diamant said they expect to clinch a 13.8 mln lev deal by the end of the week for the sale of the assets of the bankrupt company to Via Properties. The plant has been inoperational ... More

Cementerie Aldo Barbetti expands in Turkey

Italian group Cementerie Aldo Barbetti of Gubbio is expanding its business in Turkey. The company has signed a joint venture agreement in the cement sector with Sanko Holding, one of the main industrial groups of the country, ... More

Lafarge invests EUR 6.5 million in Hoghiz factory

Lafarge Ciment Romania invested some EUR 6.5 million in the production units in Hoghiz, Brasov county. Lafarge invested in Romania over the past ten years EUR 50 million and plans for the interval between 2007 and 2012 to double ... More

Cuprom deadline extended

The Privatization Agency has extended the deadline for Cuprom to submit financial guarantees for the purchase of RTB Bor for three days. Unless proof that the US$ 400mn stipulated in the contract has been secured by midnight ... More

Romania will release several mining areas

The National Agency for Mineral Resources (ANRM) could release several mining areas at the request of investors in Australia, Chile, Brasil, Finland and Italy, interested to lease mining areas in Romania, according to the general ... More