In Serbia, 31 foreign companies engaged in mining of precious metals

According to Danas daily, Prime Minister Ana Brnabic was wrong in stating that the abolition of the Special Spatial Plan would put an end to lithium and boron exploration on the territory of Serbia and that Rio Tinto will no longer be able to develop the Jadar project near Loznica.

Judging by the statements of certain lawyers, there are other companies with several drilling permits, including Australia’s Volt Resources.

According to the daily, a number of companies have held those permits for years and at least 30 others have permits to search for silver, gold, copper, lithium, iron, lead, zinc and molybdenum. Just seven of those are local companies while the others are from Canada, Australia, the UK, the US, China, the Netherlands, Malta and the British Virgin Islands among others.

Volt Resources, for instance, was reported to have permits to explore for lithium in an area of 261 square kilometres following its acquisition of the Asena Investments Company from Serbia, the Canadian Euro Lithium Balkan (set up in Serbia in 2015), Australian-owned Balkan Exploration and Mining as well as Valdour Resources which was set up by the Canadian Greht Mountain Ventures.

Danas daily also reports that Mining and Energy Ministry records show that 65 local and 21 foreign companies are conducting geological exploration in Serbia at 175 sites – 116 sites are expected to yield metals, borite and lithium, two are being explored for energy resources and 57 are being researched for non-metal mineral resources.

The daily said that there is no single register of mineral exploration permits but that the data is available through the Geographic Information System (GIS).

(N1, 26.01.2022)



This post is also available in: Italiano

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