Rough estimates: Serbia “lies” on 500 tons of gold

Serbia has significant gold reserves, and according to the latest estimates of the Geological Authority made in 2000, there are 250 tons at existing sites and 150 tons at potential ones, and after the latest discoveries, such as Cukaru Peki, it can be said that Serbia has reserves of 500 tons in ore, according to a rough estimate, said Deputy Director of the Geological Authority of Serbia, Predrag Mijatovic.

He told Tanjug that the gold in the ore, after processing, was used to make gold bars or investment gold, which was then placed in the vault of the central bank, the same as in all countries.

If exploitation continues at this rate, it will take several centuries for all that gold to be processed, Mijatovic noted.

According to him, mining is expanding not only in Serbia, but also in the world, because, according to the latest data, 1.8 trillion dollars are currently invested in projects, and in Europe 700 billion euros in about 100 projects at different stages.

Due to the energy situation, European countries are now adapting their legislation so that they can conduct geological surveys and then open mines because they reduced activity in this area due to environmental issues in the past 30 years, Mijatovic pointed out.

Problem: Unjustified opposition from environmental movements

He pointed out that Serbia was well on its way of joining this current trend, but that there was one problem – environmental movements that were unfoundedly opposing the opening of mines.

When it comes to gold mining, it is completely safe for the environment because it is done with the most modern methods, Mijatovic said.

According to him, the company that wants to invest in Cukaru Peki near Bor has two mines in Bulgaria, one in Krumov Grad and the other in Celopek, and these mines have led to an increase in employment and an increase in standards, so the news that it wants to open a mine in Serbia is good news.

Izvor: RTS

Foto: Screenshot