R/€ = 15.86 Change: 0.01
R/$ = 13.96 Change: 0.02
Au 1283.66 $/oz Change: -0.73
Pt 790.29 $/oz Change: -3.50


Zijin Mining to take stake in Serbian copper complex

By: Reuters     31st August 2018 China's Zijin Mining has won the tender to become a strategic partner in Serbia's sole copper complex RTB Bor, pledging to invest $1.26-billion in return for 63% stake, Energy Minister Aleksandar Antic said on Friday. The company also pledged a further $200-million to settle RTB Bor's debt, the... 

Chinese, Russian-owned companies place binding bids for Serbian copper mine

By: Reuters     28th August 2018 China's Zijin Mining and Russian-owned U Gold have sent valid bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, Mining and Energy Minister Aleksandar Antic said on Tuesday. In July, Belgrade invited bids for a partner to invest at least $350-million in... 

Three companies from Canada, China, Russia bid for Serbian copper mine

By: Reuters     21st August 2018 Three companies have placed bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, the Economy Ministry said. In July, Serbia's government said it was seeking a partner to invest at least $350-million in debt-laden RTB Bor, but did not say how big a stake it would... 

Serbian copper miner attracts 11 possible buyers – report

By: Reuters     11th July 2018 Serbia's RTB Bor copper miner and smelter has drawn interest from 11 companies and the tender could take place this week or next, Belgrade daily Politika reported on Wednesday. Serbia has tried and failed three times since 2007 to sell the debt-laden mining complex, which suffered a long period... 

Rad Jankovic

4th May 2018 This week we feature Rad Jankovic, CEO Otel, a provider of information and communication technology solutions and services   

China's Zijin Mining interested in Serbian copper mine RTB, Belgrade says

By: Reuters     12th March 2018 China's Zijin Mining Group has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade. President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest... 

Čibuk 1 wind farm project, Serbia

By: Sheila Barradas     3rd November 2017 The project aims to build a wind farm, which will produce electricity for an estimated 113 000 households. 

Hyprop’s South-Eastern Europe fund eyes possible dual listing

By: Natasha Odendaal     1st September 2017 JSE-listed Hyprop on Friday said progress was being made in the potential dual-listing of its 60%-owned UK-based Hystead subsidiary, which holds all of Hyprop’s South-Eastern Europe assets, by the first half of 2018. Hystead is eyeing additional listings on the Johannesburg and Luxembourg bourses... 

There's a key to lithium's future inside a shipping container

By: Bloomberg     11th August 2017 The world’s biggest miners’ determination to muscle into the burgeoning  battery market stepped up a notch with  Rio Tinto Group reporting breakthroughs in cracking the technology needed to unlock its giant lithium project in Serbia that could meet 10% of global demand. Tests at a research... 

China's new Silk Road encroaches on US turf in Eastern Europe

By: Bloomberg     12th July 2017 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister,... 

Rio unit born in Death Valley is retooled for battery boom

By: Bloomberg     31st January 2017 During the financial crisis,  Rio Tinto Group needed cash and tried to unload its oldest mining business – one that began in 1872 hauling borates salts by mule from Death Valley to make US laundry soap. The company gave up on a sale because no one would pay the asking price. A decade later, the... 

Hyprop vacancies fall, FY distributions rise 14.2% y/y

By: Megan van Wyngaardt     2nd September 2016 Specialist shopping centre real estate investment trust Hyprop has reported double-digit growth for the year ended June 30, off the back of its defensive quality shopping centre portfolio. Hyprop declared a total distribution of 619.9c a share for the full year, up 14.2% on the prior year, with... 

Building Energy to start the construction of its first biomass power plant in Serbia

6th November 2015 The biomass power station, fuelled by woodchips from Serbian woods, will produce 38.4GWh of electric power and 86GWh of thermal power per year. Milan, November 6th 2015 - Building Energy, multinational company operating as Global Integrated IPP in the Renewable Energy Industry, and the City of... 

D-1867 road upgrade project, South Africa

23rd May 2014 The project involves the 77.3 km upgrade of the road D-1867, off the N2 between Pongola and Piet Retief, from gravel to tar. 

KZN Transport Department announces R1.2bn, 77.3 km road upgrade

By: Leandi Kolver     24th April 2014 The KwaZulu-Natal (KZN) Department of Transport on Thursday announced a 77.3 km, R1.2-billion road upgrade that would connect Pongola and eDumbe, in the north western part of the province. The project, of which the first 6.5 km, R65-million, construction phase had already started, would entail... 

Belgrade bus renewal programme, Serbia

By: Sheila Barradas     3rd August 2012 Gradsko Saobracajno Preduzece Beograd intends to modernise part of its bus fleet. 


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