Adriatic Metals PLC received an approval for minerals exploitation in Vareš

The Government of the Federation of BiH handed over the approval for surface exploitation and processing of lead, zinc and barite to the General Manager of the Adriatic Metals PLC Company Paolo Cronin and the Executive Director of Eastern Mining d.o.o. Adnan Teletović. 

Cronin thanked for the delivery of the approval, which he considers an important milestone, not only for their company, but also for the mining industry in BiH.

He pointed out that in less than two years, they have made detailed plans for research, environment and exploitation, as well as a plant that will create a significant project in Vareš that everyone will benefit.

Teletović said that their research had shown that it was a quality ore body that was economically viable and that the invested funds would be returned and bring profit to the shareholders.