Tag: mining

Government of Montenegro approves new concessions for mineral exploration and exploitation in 2024

The 2024 Concession Plan for detailed geological exploration and exploitation of mineral resources includes granting concessions for seven additional locations, as confirmed by the...

Chinese interest sparks potential acquisition of Berane coal mine

A distinguished Chinese company has recently expressed interest in the Berane coal mine, known for its expertise in mineral extraction among other operations. Nikola Šćekić,...

Montenegro faces backlash over Brskovo mine

The decision to terminate the concession agreement with the Swiss company Tara Resources, which was supposed to open the Brskovo mine in Mojkovac, will...

Accusations against Tara Resources, the concessionaire, currently do not hold true

The most likely outcome, if the concession agreement for the Brskovo mine is terminated, is that the concessionaire, Tara Resources, will initiate arbitration against...
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The growth of industrial production on an annual basis

Industrial production in Montenegro in the fourth quarter of last year increased by 7.4 percent compared to the same period in 2022, according to...

Mineral Resource Production Surges in Montenegro, Reflecting Upward Trend

The production of all mineral resources in Montenegro has increased by 0.39%, while the amount of concession fees for 2022 is approximately 14.3% higher...
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