RE:think about it, strategicallyContinuity...spill the beans lol.
Nevsun alone arguably does not appear to qualify. Back in the 2008 Timok had not been discovered.
So there is a different reality this time around!!!
continuity1 wrote: BELGRADE, Aug 21 (Reuters) - Three companies have placed bids for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter, the Economy Ministry said.
In July, Serbia's government said it was seeking a partner to invest at least $350 million in debt-laden RTB Bor but did not say how big a stake it would offer in return. It had previously failed three times to sell the mining complex, in 2007 and 2008, as bidders fell short of meeting the terms of those tenders.
In a statement late on Monday, the ministry said only that companies from Canada, China and Russia had bid.
"The commission charged with the procedure (of privatisation) will now review documentation and proceed accordingly," the ministry said without elaborating.
Only companies that have been involved in copper production for at least a decade and had annual revenue of at least $500 million in the past year were allowed to bid.