Adriatic Metals opens Vares silver project in Bosnia
With investment of $250m (£196.45m), Adriatic produced the first silver/lead concentrate and zinc concentrate from the Vares Processing Plant.
06 March 2024
06 March 2024
With investment of $250m (£196.45m), Adriatic produced the first silver/lead concentrate and zinc concentrate from the Vares Processing Plant.
The Canadian miner hopes to win public support for the operation of Cobre Panamá.
The two countries have agreed to enhance transparency and environmental, social and governance (ESG) standards in critical minerals supply chains.
The company will instead invest in improving lithium extraction technology.
Several parties want to partner with the Canadian miner in southern Africa.
The project, currently owned entirely by Cerrado Gold, comprises 21 mineral concessions over 82,542 hectares (ha).
The agreement lays the groundwork for the progression of the Condor mining project.
Proceeds from the investment will be allocated to further the development of lithium projects in Argentina.
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