OLOVO, 11 May (BelTA - FENA) - Mine of the Mineco British Group officially opened in Olovo yesterday, which is the first mine in Bosnia and Herzegovina after 30 years and the only one with the underground metal exploitation, where the best world practice and technology will be applied.
After six years, more than 40 permits and over 12 million KM of investments by the Minaco British Group, the mine has engaged dozens of local suppliers and companies and it has around 120 employees. Mine is in the process of obtaining series of permits for the separation stage to get to the final product for export.
Director of operations of Mineco Group Dominic Roberts emphasized this would not be possible without close cooperation with the competent ministries and institutions and common wish for this investment to succeed. He also reminded that the best international practice and technology will be applied in the mine, which will enable a safe working environment without negative impact on the environment.
"This is the safest mine in Bosnia and Herzegovina which set standards for further development of mining in the country," said Dominic Roberts.
Stressing importance of these investments, Minister of Energy, Mining and Industry of Bosnia and Herzegovina Nermin Džindić promised the ministry will support the process for obtaining all permits, in order to continue development of mining in the country.
