apollo minerals

Apollo Minerals agrees to acquire Belgrade Copper Project in Serbia

Apollo Minerals is acquiring the Belgrade copper project in Serbia, which has excellent potential to host world-class sedimentary-hosted copper deposits. Belgrade’s Studena, Donja Mutnica and Kopajska Reka prospects were originally part of Reservoir Minerals’ Serbian assets prior to its US$365 million takeover by Nevsun Resources in 2016, and subsequent US$1.4 billion takeover by Zijin Mining in 2018. However, Reservoir had relegated the assets to the back of the portfolio after discovering the 20Mt Cukaru Peki copper deposits at Bor, also in…