Serbia revised the reserves of gold and copper

Last week, the Government of Serbia, represented by Minister Milan Bachevich, who heads the Ministry of Natural Fossils and Proding Industry, said that his country had much more gold and copper reserves than early. In June of this year, it was already reported that in the Bora region, this east of Serbia found large reserves of copper and gold, the size of the reserves is equal to the size of the Congo reserves.

The exploration was carried out by the Americano, the Canadian company FirePort and Reservoir Minerals Inc, and stated that this is the richest copper field in the world, as the ore contains about 10% metal. Experts, evaluating the gold deposit, qualify it as the richest in Europe. Geologists previously evaluated gold deposits, in the studied areas, where four million ounces of gold.

The Minister, giving an interview with Inserbia.info, reported new results of geological intelligence in the east of Serbia in the field of the Timochkoy Magmatic Complex. He also focused on that such discoveries are very rare, once a century, although gold and copper mining in the country have been carried out since distant times of the Roman era.

So that the mining industry of Serbia, which suffered a crisis due to wars and the collapse of Yugoslavia in the nineties, begins to rise. There will be a lot of time while exploration discoveries will develop into the discoveries of new mines. Experts believe that this time largely depends on the state, on the correct actions of the government, in the ability to support these processes. Experts voiced the figure for about 10 years.

In early August, the Minister said that there were many applicants for the intelligence and production of copper and gold, over 300 firms. But for this, Serbia must develop a new mining code to improve the work of investors.

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