Bosnia to invite investor interest in brown coal/bentonite mining concession.

By bne IntelliNews January 13, 2012
Bosnias Serb Republic government said it has decided to invite letters of interest in brown coal and bentonite exploitation concession. The Republic will ask investors to show interest in exploiting the Ljesljani basin in the northwestern municipality of Novi Grad, the government said in a statement following its weekly meeting. The basin has some 20 million tonnes of estimated lignite reserves and around 4.4 million tonnes of bentonite reserves, the statement said. The planned annual coal mining output at the basin is seen at 300,000 to 500,000 tonnes, while the investment in the exploitation ranges between BAM 23.4mn (EUR 12mn) and BAM 24.9mn. The annual revenue is estimated at some BAM 15mn. According to the government, this project could create 150 jobs and engage third parties in the exploitation process. The Serb Republic is one of the two autonomous parts that make up Bosnia. The other one is the Muslim-Croat Federation.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EUs Sannino invites Bosnian leaders for conciliatory talks on March 22.

The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more

Bosnias Serb Republic PPI, CPI inflation eases in Feb 2013.

Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more

Bosnias Federation fails to sell 67% of engineering company Hidrogradnja.

Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more

Follow Us On

Most Read

  1. The fall of Nagorno-Karabakh
    17 hours ago
  2. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 month ago
  3. Russia bans fuel exports as deliveries to military surge
    1 day ago
  4. Unidentified air defence accident over northern Iranian city of Gorgan
    5 days ago
  5. Missiles strikes on Crimea kill nine, as Ukraine breaks through Russia’s last line of defence in Zaporizhia
    14 hours ago
  1. BRICS MATERIALS: the flourishing intra-BRICS oil trade
    26 days ago
  2. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 month ago
  3. Russia mulls drastic measures as domestic fuel shortage crisis grows
    11 days ago
  4. Niger coup threatens Nigeria-Morocco 30bcm gas pipeline project
    1 month ago
  5. Rare Subtropical Storm Daniel hits Libya, causing flooding and havoc
    13 days ago

Reports

Dismiss