old article from 2012 mentions SCL and Indian buyers Baljevac on the Ibar - Nearly two and a half decades last survey in order to, in the mining town in Baljevac on the Ibar, in locations wheezing and Pobre establish ore reserves of boron. The story of this ore and the future Jarandolskog basin because coal is running out, had a period of great hope and disappointment. From the belief that this will revitalize the entire wealth of the village to the impression that everything is ruined, say during the sanctions, then when, two years ago, withdrew from further research the British company "Rio Tinto".
However, optimism prevailed when the baljevakom mine showed new-old partner from the period before the imposition of sanctions, the Canadian company "Erin Venders" investigation are set.
- For the past year, in the rain, cold and high temperatures, were carried out drilling on 35 cities, a total of 12,000 meters. The rest are still only four wells and the study on the techno-economic justification of exploitation, which should be completed by the end of this year. We believe that there are reserves of about seven million tons of ore, which is unlike coal white - explains geologist Dragana Romevi.
Satisfaction with the job done does not hide nor Biljana Ranki, director of "Balkan gold", a subsidiary company of the aforementioned Canadian company, adding that "the research said last year invested 2.5 and these 6.5 million Canadian dollars."
- Of the relevant ministry expected the usual extension of approval of the research is right, and every day is precious to us, that this year we completed the study. We hope for a positive outcome, especially because we have fulfilled all the requirements and which, unlike some other areas, the population here with us and all hope of prosperity lay in the future exploitation of the ore - adds director Ranki.
For the exploitation of ore and highly available in the market rally boric acid is interested in several foreign companies.
- Above all had gone negotiations with the Italian company SCL, the opening of the factory boric acid. Therefore, it is quite realistic that during the next year, with Canadian partner in this bay begin mining in the volume of about 30,000 tons instead of 130 tons per month now provide much of the Indian partners. Otherwise, it would be realistic to begin by 2015 and the exploitation of the deposit wheezing, which would amount to about 200,000 tons per year. To open these mines takes about 70 million euros, but the ore is highly sought after product in the world and I am sure that the major problems related to investment in this scope will be. Processing the said quantity of ore in the boric acid, the annual export value would be about 50 million tons of acid because the world market costs about a thousand dollars. In addition to all this, and provides hundreds of jobs that are in the coal mines in the basin all the more uncertain because the coal reserves at the end - explained Milinko Koanin, head of the Public Company for underground coal exploitation "Resavica", otherwise responsible for the development boron minerals mine in Baljevac.