Mining

Ancient Romanian Gold Mine Given UNESCO Protection

Following weeks of uncertainty in which the Bucharest government considered withdrawing its application for UNESCO protection for Rosia Montana, a former gold mine dating from Roman times, the UN cultural heritage agency declared it a World Heritage site on Tuesday.

The move came as a relief to conservation groups who oppose the resumption of mining in the area.

Turkey's mining sector exports surge 52 pct in January-June

Turkish mining sector exports reached $2.81 billion in the first six months of 2021, jumping 52 percent year-on-year, a sector group said on July 6.

Exports of metallic mining groups and natural stones rose to over $1 million during the same period, according to a press release from the Turkish Exporters Assembly's Mining Sector Council.

Collecting Chrome, Albanian Women Face Exploitation

Vjollca Gjelleshi closed a difficult chapter six years ago when she decided to swap her hammer for a small business selling second-hand shoes.

Gjelleshi had spent 14 years working in the mines of her hometown, Bulqiza, in northeastern Albania, half of that time separating chrome from stone and loading it into buckets.

New deal signed with Eldorado Gold

The government signed on Friday a revised contract with Eldorado Gold Corporation, covering its mining operations in northern Greece, where it has faced repeated stalling over licensing delays and environmental concerns.

Eldorado has been in talks with the Greek government on a revised investment plan that would secure higher royalties from mining development and new jobs.

Six suitors likely to bid for Larco assets

Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.

According to information, the six candidates were: GEK Terna, Tharisa Plc, Mytilineos Group, Solway Investment Group, Trafigura Group Pte, and Commodity and Mining Insight Ireland Limited.

Turkey's industrial productivity rises in Q3

Turkey's industrial productivity increased by 2.84% year-on-year from July to September, the Industry and Technology Ministry said on Dec. 11. 

Calendar adjusted index of production per person employed stood at 114.09 in the third quarter of 2020, rising from 110.23 in the same period last year, according to official figures.

World's deepest gold mine shut down due to COVID-19

The coronavirus outbreak in South Africa has closed Mponeng, the world's deepest gold mine after 164 workers tested positive for the disease.

The global gold mining company AngloGold Ashanti said it conducted 650 tests since last Thursday, including primary contacts and many others who wished to be tested voluntarily.

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