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Sika expands Mortar Plant in Serbia

Sika is expanding its production capacities in Southeast Europe by bringing a further mortar facility as well as a warehouse for raw materials and end-products on stream at its Simanovci site in Serbia. The plant, which is located near Belgrade, has been continuously expanded in recent years to keep pace with the dynamic development experienced by the region’s construction sector and strong Sika growth.

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Eldorado announces new Exploration Projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") announces plans at four new exploration projects.

  • The large Bolcana porphyry copper-gold system in Romania, recently acquired through public auction, provides a new opportunity contiguous with the Company's growing land package in the highly prospective Apuseni mining district in Romania.
  • The Borborema and Nazareno gold projects in Brazil will be explored under an option agreement with Votorantim Metais. These new projects expand the Brazilian exploration portfolio into two regions with proven metallogenic potential, and establishes a partnership with a highly respected local mining company with a long history of discovery and mine development.
  • The Karavansalija Mineralized Centre project in Serbia is a large skarn and epithermal system with multiple mineralized zones and untested targets, and provides an entry into this emerging mining-friendly jurisdiction.
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Centrgaz to construct South Stream in Serbia

Recently in Belgrad (Serbia) South Stream d.o.o. entered into a contract with Centrgaz, which won the bidding for the South Stream gas pipeline construction in the Republic of Serbia. Centrgaz will focus on design, procurement, construction and installation activities, personnel training and commissioning of South Stream in Serbia. The contract stipulates involving Serbian subcontractors in carrying out certain operations.

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Agreement for South Stream Construction in Serbia to be signed by late June

The Gazprom headquarters yesterday hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Slavenko Terzic, Ambassador Extraordinary and Plenipotentiary of the Republic of Serbia to the Russian Federation.

The meeting participants reviewed the bilateral cooperation in the gas sector, paying special attention to the progress with South Stream.

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Reservoir Commences Exploration Program on 100% owned Timok Permits

 

Reservoir Minerals Inc. (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) announce that contractors have been selected to undertake an approximately 56 line-kilometre CSAMT (controlled source audio magneto telluric) geophysical exploration survey on the Company's 100% owned Nikolicevo and Kraljevica exploration permits within the prospective Timok Belt of eastern Serbia.

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Reservoir Minerals Reports Promising Drill Intersections from Timok Copper-Gold Project in Serbia

Reservoir Minerals Inc. (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) provide an update on the diamond drilling program currently underway on the Cukaru Peki target in the Company's Timok Project, eastern Serbia, which is a joint venture with Freeport-McMoRan Exploration Corporation. Drill hole FMTC 1218 intersected an interval of 699.0 metres from 1253.0 to 1952.0 metres, with an average grade of 0.89% copper equivalent ("CuEq", average 0.75% copper and 0.23 grams per tonne ("g/t") gold), including an interval of 451 metres with an average grade of 1.07% CuEq, (0.91% copper and 0.26 g/t gold) from 1351.0 to 1802.0 metres.

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