Vancouver Company Reaches Agreement with Japan’s JOGMEC for Mining Site in Serbia
, InvestorsVancouver-based Mundoro Capital Inc., a mineral exploration and development company, has signed an agreement with Japan Oil, Gas and Metals National Corporation for JOGMEC to earn a 51 per cent stake in Mundoro’s Borsko Jezero exploration licence by completing certain exploration expenditures by March 2019.
The agreement expands on a March 2016 agreement between Mundoro and JOGMEC that contained similar provisions for three mining licences in Serbia. JOGMEC is a Japanese state-owned company with a mandate of investing in exploration minerals projects worldwide to secure a stable supply of natural resources for Japanese industry.
source: asiapacific.ca
LATEST NEWS
- June 14, 2023 The Serbian Institute for Critical Materials launches a regional mining platform for knowledge exchange
- April 24, 2023 Without sustainable mining, there is no renewable future
- March 25, 2023 Europe revives mining to reduce dependence on the import of key raw materials
- March 8, 2023 Calcium Carbonate Industry, Reshaping the Market Growth, Serbian supplier to match European industrial demand
- August 13, 2023 Environment South East Europe Watch temporarily suspends the activity
- August 9, 2023 Regional Coalition Aims to Protect Up to 400 Kilometres of Rivers Across Southeast Europe
- August 9, 2023 Meeting Serbia’s Energy Needs: A Smart Siting Map for Solar Power
