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Serbia Has 500 Tons Of Gold In Existing And Potential Deposits

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According to the latest estimates of the Geological Survey of Serbia (GZS), which were made in 2000, Serbia has 250 tons of gold in existing deposits and 150 tons in potential deposits, and after the latest discoveries, such as Čukaru Peki, it can be said that according to a rough estimate, it has reserves of 500 tons in ore, said the deputy director of GZS Predrag Mijatović.

As he stated, after processing, the gold in the ore is used to make gold bars or investment gold, which is then placed in the vault of the central bank, as in all countries, and if this rate of exploitation continues, it will take several centuries for all that gold to be processed.

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EBRD Lends €21.4 Million To Serbia’s Metalfer For Greener Steel Production

The European Bank for Reconstruction and Development (EBRD) has provided a loan of €21.4 million to Metalfer Still Mill d.o.o., Serbia’s leading manufacturer of concrete...

Dragoman Rabrenović Ph.D., Director Of The Geological Survey Of Serbia / Serbian Geological Institute

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According to Mijatović, mining is expanding not only in Serbia, but also in the world because, according to the latest data, 1.8 trillion dollars are currently being invested in projects, and in Europe 700 billion euros for around 100 projects in various stages.

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