DFF Adriatic Metals - 52342 | Accountability Console
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DFF Adriatic Metals - 52342

Sectors

Extractives (oil, gas, mining)

Description:

Projects in this Sector: 92

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Issues Raised

Biodiversity

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Projects with this Issue Raised: 134

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Environmental

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Projects with this Issue Raised: 409

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Pollution

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Projects with this Issue Raised: 229

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Retaliation (actual or feared)

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Projects with this Issue Raised: 71

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Water

Description:

Projects with this Issue Raised: 195

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Project Information

Investment ID: 52342

Bank: European Bank for Reconstruction and Development

Environmental Category: B

Country: Bosnia and Herzegovina

Region: Europe and Central Asia

Approval Date: None

Investment Types: Equity

Total Project Cost: GBP 31.0 million

Total Complaints: 1

Description

The Project aims to "support the company to transition its operation from exploration to mine development. The proceeds from the Bank's equity subscription will fund engineering and economic studies to complete a Bankable Feasibility Study (BFS) and associated pre-development cost in H12021 for mining the Vareš mineral deposit, located in the Zenica-Doboj canton, which has a history of minerals exploitation for more than a century. "

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