Mining

Tens of thousands staged a large protest on the outskirts of a small town in the northwestern province of Çanakkale on Aug. 5. against what they say will be pollution from a foreign-owned gold mine project.

Turkey's annual gold production "may easily reach 50 tons within the next two-three years, thanks to new investment projects," the head of the Turkish Gold Miners Association has said.

The exhibition chronicles the value chain of this rare element, which includes investment and searches in the US, mining in Bolivia, the manufacturing of batteries and cars in China, as well as efforts in Norway, a small country rich in oil, to electrify all of its transport, wrote Ljubljana Castle operator Ljubljanski Grad.

No binding bids have been submitted for a majority stake in Greece's biggest oil refiner Hellenic Petroleum, dealing a blow to a key part of a planned sell-off of state assets mandated by international bailouts.

Greece has set an April 3 deadline for shortlisted investors to submit binding bids for a majority stake in its biggest oil refiner, Hellenic Petroleum, two sources close to the sale said on Wednesday.
Greece and Paneuropean Oil and Industrial Holdings are jointly selling a 50.1 percent stake in Hellenic.

Greece on Monday approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatizations agency said.

The consortia are: Glencore Energy with a unit of the US-based Carlyle Group; and Vitol Holding with Algeria-based Sonatrach.

Glencore and Vitol had already been short-listed last summer.

[Reuters]

The gold mining project in Certeju de Sus rural town, Hunedoara County, carried out by Deva Gold, is now blocked, as the Cluj Court canceled the zonal urban plan (PUZ) necessary for the mining works to be approved, for without the zonal urban plan there can no longer be issued the building authorization for the gold mine, claims the Mining Watch Romania organisation, in a release to AGERPRES on

A firm's plan to extract sand from the sea off the village of Kıyıköy in the northwestern province of Kırklareli has been scrapped, following a report by daily Hürriyet which warned that the mining would cause a "natural disaster."

A methane explosion killed 12 Poles and one Czech at an eastern Czech coal mine, the O.K.D. mining company said on Dec. 21, in the worst disaster of this kind in almost three decades.

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