By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Excavation of Gold in Central Bosnia Began
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > OUR FINDINGS > OTHER NEWS > Excavation of Gold in Central Bosnia Began
OTHER NEWS

Excavation of Gold in Central Bosnia Began

Published August 26, 2013
Share
SHARE

zlatoThe search for gold in central Bosnia has officially begun. The government of the Central Bosnia Canton, at the proposal of Minister of Economy of the Central Bosnia Canton Sedžad Milanović, brought two decisions at the first session after the annual holiday relating to the exploration of gold in two locations- Mačkare – Mračaj in municipality Uskoplje and in Bakovići in municipality Fojnica, according to Večernji List.

The company ‘Glanz Investment’ d.o.o from Sarajevo received the concession for the exploration of potential gold deposits in Uskoplje, as well as its exploitation. This is the only company that responded to the open call for exploration and exploitation of gold in the area Mačkara – Mračaj in Uskoplje, which became available in May of this year.

There is far more demonstrated interest of potential investors in the exploration of gold deposits in Bakovići in municipality Fojnica. In Bakovići, there once existed a gold mine that was closed 77 years ago, and gold that was found in Bakovići was exported to the UK and in other European countries.

At the public competition that was made available in May, after which the municipal government of Fojnica gave the ‘green light’ for research, five companies applied. Three among them are local companies: ”ESKIMO S2“ from Travnik, jajački ”AU AURUM“ and ”Zlatna žica“ from Fojnica.

Among the interested ones for research was also the Sarajevo company ‘Kung Feng Mining’, but the job was obtained by ‘BBM’ d.o.o. Sarajevo. According to the opinion of the six-member Commission for concessions, they had the best offer.

Among other things, they are willing to invest 10 million KM in research and study, and then assign to the government of Central Bosnia Canton that would, with the information received from the field, open a competition for the awarding of concessions for the exploration of gold. It is a fact that someone is ready to invest millions, and there is no guarantee that they would get the job to exploit gold, and this was the reason why members of the government of Central Bosnia Canton asked for more information on investors, as well as the procedure for the awarding of concessions.

If there is really gold in Bakovići in a quantity that is profitable for exploration, the government will have a bidding again for the award of concessions, and in the process of the exploration of gold will have to take into account the consent of local people.

Thus, after the award of concessions for research, the gold exploration in Central Bosnia has officially begun.

(Source: radiosarajevo.com)

Symbol of Kakanj: Mining Steam Locomotive “Ciro” illuminated for the New Year

Alarming: more than 173,011 People left Bosnia and Herzegovina!

BiH to be Candidate for Member of the Committee of UNESCO?

There have been no New Cases of COVID-19 in Brcko District in over a Month

International Sarajevo Gastronomy Festival ‘Bosanski Dukat’

Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article 15 Kilometers More of Ski Slopes on Jahorina This Season
Next Article Tomorrow in Žepče Presentation of Project ‘Economic Empowerment of Women in Agribusiness
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

NATO’s highest Military Authority visits Bosnia and Herzegovina
April 14, 2026
Croatian Prime Minister supported HDZ’s Candidacy of Darijana Filipovic
April 13, 2026
Becirovic congratulated Magyar: BiH wants to improve Cooperation with Hungary
April 13, 2026
The President of the Republic of Austria pays an Official Visit to BiH
April 13, 2026
Dzeko visited the US Embassy, ​​presented Ginkel with a signed BiH National Team Jersey
April 13, 2026
Pope Leo says Trump won’t silence him as Conflict erupts between the US and the Vatican over Iran
April 13, 2026
Sarajevo to host International Conference on NATO and Democratic Resilience in the Western Balkans
April 13, 2026
“I Work, but I Don’t Live”: Minimum Wage Is Not Enough in BiH
April 13, 2026
Vranduk as a Time Machine: Zenica Revived the Spirit of Ancient Bosnia
April 13, 2026
Darijana Filipovic will be HDZ’s Candidate for the Presidency of BiH
April 13, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?