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: Precious Metals discovered, Mega-project for BiH to start?
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 > BUSINESS > Precious Metals discovered, Mega-project for BiH to start?
BUSINESS

Precious Metals discovered, Mega-project for BiH to start?

Published June 21, 2018
Share
SHARE

The company Adriatic Metals, which has a concession for exploration and exploitation of minerals and ores on localities in the Municipality of Vares, published spectacular results of their test boreholes.

The company Adriatic Metals announced that they took samples of ore, which were described as a “cocktail of high-quality minerals”, from the tens of meters of test wells.

At the locality of Rupice was discovered that the samples in one ton of excavated material contains: 4.6 grams of gold, half a kilogram of silver, 0.9 % copper, 7.7 % lead, 10.8 % zinc and 46% barite (basic ore of barium).

One kilometer southeast of the locality of Rupice, on the site that was previously known as Jurasevac, company Adriatic measured the concentration of gold of 3.5 grams per tonne of a sample, with 339 grams of silver per tonne, 12.2 % of lead, 19.4 % of zinc and 7.3 % copper.

Company Adriatic is hoping that these results will indicate the economic profitability of opening mines of some of the minerals found: gold, silver, lead, zinc, barite – or maybe even all of them!

“This is a continuation of mining of the former mine of Energoinvest. According to some information, it is a mega-project for BiH and it would lead to strong economic development of Vares as well,” noted Marosevic.

The residents of Vares are optimistic and they are hoping that their town will be revitalized by this. They told us that BiH and Vares need a miracle, and the announcement of ‘golden fever’ could be that miracle.

(Source: biznisinfo.ba)

 

 

 

 

 

540 Anniversary of the death of Katarina Kosaca to be marked in Visoko

2,158 Cases of Coronavirus Infection have been confirmed in Bosnia and Herzegovina

Inspection interrupted the Corona Party in Lukavac and closed the Club with 500 Persons

Working Group established for the Risk Assessment of Money Laundering and Terrorism Financing in Bosnia

The first Smart Suit to be produced in BiH?

TAGGED:#BiH#excavations#gold#mining#silverAdriatic MetalsoreVares
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 Important Business Meeting of the Diaspora to be held in Sarajevo soon
Next Article Sarajevo has been recognized as an important link in the framework of the „Road and Belt“ initiative
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

Transport Companies announce new Protests For Monday
March 22, 2026
Netanyahu calls for Global Coalition against Iran
March 22, 2026
Pettigrew: Genocide Denial in BiH continues with almost complete Impunity
March 22, 2026
Iran threatens to completely close the Strait of Hormuz if Trump carries out his Threats
March 22, 2026
Minister Forto: We continue to work for better Working Conditions for our Transporters
March 22, 2026
Ambassador Li Fan: BiH Has New Development Opportunities; China Expands Investment and Cooperation
March 22, 2026
Government distributes 135.7 Million BAM to help Citizens
March 22, 2026
SAS to temporarily pause Sarajevo Flights
March 22, 2026
Emergency Session of the House of Peoples of the BiH Parliament scheduled for Monday
March 22, 2026
World Down Syndrome Day: Tuzla’s “Dragon’s Heart” Shows the Power of Inclusion
March 22, 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?