Author Topic: Canadians find boron deposit in Serbia worth billions  (Read 777 times)

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Offline TomSea

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Canadians find boron deposit in Serbia worth billions
« on: August 14, 2018, 01:15:09 pm »
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Canadians find boron deposit in Serbia worth billions

Vancouver-based Erin Ventures has discovered a boron deposit in Serbia's Piskanja region, not far from abandoned coal mines at Baljevac, near the Ibar River.
Source: Tanjug Monday, August 13, 2018 | 11:54

This has been reported by the Belgrade daily Vecernje Novosti, which added that the gross value of the deposit is estimated to be in excess of two billion dollars.

According to a preliminary feasibility study, this mine could be in operation for 21 years.

In that period, 11 billion tons of boron could be obtained from here. The element is used in space technology and in the mobile phone industry, the newspaper writes.

Read more at: https://www.b92.net/eng/news/business.php?yyyy=2018&mm=08&dd=13&nav_id=104846