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Sirius Exploration - Richard Poulden Interview |
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Friday, 23 February 2007 |
 
- Sirius Exploration PLC has entered into a joint
venture with Phelps Dodge and acquired the exploration rights for
Osogovo and Kadiica properties in Macedonia. The Company has completed
an exploration program at both of these sites. Recently Phelps Dodge
has agreed to give Sirius Exploration 100% of the Osogovo and Kadiica
projects subject to getting the agreed 1% net smelter royalty on any
output.
- The Company has registered a new claim for a prospect
at Kalin Kamen(along the eastern boundary of Osogovo), believed to be
rich in copper skarns. This project will be wholly owned by Sirius
Exploration.
- Potential gold targets are identified in Sirius
Exploration’s Kadiica claim. The Company which had earlier identified a
copper target in the region will be developing a mine within 2 to 3
years in the target area.
- Sirius has signed an agreement
with Rio Tinto for exclusive use of the latter's exploration database
relating to Macedonia for a period of 12 months.
- The Company is headed by an outstanding management team having wide ranging expertise.
- The
management has significant experience in corporate finance which helps
the Company to carry out its expansion plans through joint ventures and
acquisitions.
- We rate the company a speculative “BUY”.
Click here to download the report
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Macedonia and the EU
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EU enlargement progress reports - key findings
EU Enlargement has helped to transform Central and Eastern Europe into modern, well-functioning democracies. More recently, it has inspired far-reaching reforms in Turkey, Croatia and the Western Balkans. All European citizens benefit from having neighbours that are stable democracies and prosperous market economies. Enlargement is a carefully managed process which helps the transformation of the countries involved, extending peace, stability, prosperity, democracy, human rights and the rule of law across Europe. The European Union has undergone a number of enlargements since its creation. More and more countries have joined the first six Member States. The EU has 25 members today and will possibly soon count 27 Member States.
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Macedonia urges name dispute to be settled with Greece
Macedonia's parliament voted a resolution Monday calling for a "strategy"
to solve an ongoing row with neighouring Greece over its name, which has
harmed its attempts to join the Europan Union.
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Macedonia unready to start membership talks: EU official
Macedonia is not yet ready to start European Union membership talks,
Enlargement Commissioner Olli Rehn said Monday, less than three weeks
before an evaluation of the Balkan state's accession hopes.
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NYT > Macedonia
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World news about Macedonia, including breaking news and archival articles published in The New York Times.
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News 
