Antić: Two companies met the conditions: Ziđin and U gold economy



Tanjug |

August 28, 2018 13:07 |

comments: 0

The tender committee has launched offers from two companies that meet the requirements for a strategic partnership in RTB Bor, which are Chinese ZiGin and Russian U-gold, said Minister of Mines and Energy Aleksandar Antić

On Tuesday, the tendering committee opened bids from two companies that meet the requirements for a strategic partnership in RTB Bor, which are Chinese ZiGin and Russian U-gold, said Minister of Mines and Energy Aleksandar Antić.

The Energy Minister expects the contract to be signed after evaluation of the bids in September and that the strategic partner will take over the operational management of RTB Bor from the beginning of 2019.

He told reporters that the commission had inspected compliance with the terms of the three tenders received and that the offer from the Canadian company Diamond Filds did not meet the necessary conditions, as this offer was not binding in certain elements and was not accompanied by a bank guarantee.

"On Tuesday, the Commission opened two bids that met the requirements and will evaluate these bids in the shortest possible time. I expect that from 1 January we will have a strategic partner who will take over the management and management of RTB Bor," Antić.

The Ministry of Economic Affairs has previously announced that the bids were submitted by three companies, from China, Russia and Canada.

Read more – Government announces tender for strategic partner for RTB Bor

The tender for the selection of the strategic partner for RTB Bor on 20 August was subject to the deadline for the interested bidding companies.

Seven companies have purchased tender documentation.

Among them are three Russian companies, a Chinese, a Turkish, Macedonian mine and a domestic businessman, Milan Popovic, who has copper years.

The Chinese are often mentioned as the most serious candidates for strategic partnership in RTB Bor, and participation in the tender was also confirmed by the major Chinese companies by the Ambassador of China to Serbia, Li Mangang.

Before the call for tenders, 11 companies from Russia, China, Canada, Turkey and the Kazakh European consortium had signed a confidentiality agreement in the past year and those & # 39; Dju dilidzens & # 39; worked before the tender, interested in RTB.

The tender does not define the stock market that is for sale, but the state chooses a partner who is looking for the smallest share for a mandatory investment of $ 350 million.

"The minimum is that we have guarantees that all employees will keep their jobs and that the least investment will be $ 350 million and that production will increase between three and four times over the next four to five years." Depending on that, we will see how the state can position it on its own, "said former Prime Minister Ana Brnabic.

Read more – OPPORTUNITY FOR RTB BOR: Turkish Cengiz who is seriously interested in strategic partnership

Companies had to allocate $ 10,000 for the purchase of tender documents.

A condition for considering bids is depositing deposits or delivering a bank guarantee of one million dollars.

The companies that were continuously engaged in the exploitation of copper and other colored and precious metals with a yield of at least half a billion US dollars in the past year were entitled to submit the application.

A strategic partner with a capital recapitalization of at least $ 350 million becomes the owner of the share in RTB Bor, depending on the conditions, can be a domestic or foreign legal entity, but also a consortium formed by the association of domestic and / or foreign people for strategic partnership.

RTB employs approximately 5,000 people.

On 18 July, the government of Serbia announced a tender for the selection of a strategic partner for the mine and melting basin "Bor.

The tender provides for a cash recapitalization of $ 350 million.
Mining currently contributes to GDP from 0.9 to 1 percent, with the aim of breeding up to 5 percent.

Only RTB Bor also contributes 0.8% to the GDP of the country.


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Antić: Two companies met the conditions: Ziđin and U gold economy



Tanjug |

August 28, 2018 13:07 |

comments: 0

The tender committee has launched offers from two companies that meet the requirements for a strategic partnership in RTB Bor, which are Chinese ZiGin and Russian U-gold, said Minister of Mines and Energy Aleksandar Antić

On Tuesday, the tendering committee opened bids from two companies that meet the requirements for a strategic partnership in RTB Bor, which are Chinese ZiGin and Russian U-gold, said Minister of Mines and Energy Aleksandar Antić.

The Energy Minister expects the contract to be signed after evaluation of the bids in September and that the strategic partner will take over the operational management of RTB Bor from the beginning of 2019.

He told reporters that the commission had inspected compliance with the terms of the three tenders received and that the offer from the Canadian company Diamond Filds did not meet the necessary conditions, as this offer was not binding in certain elements and was not accompanied by a bank guarantee.

"On Tuesday, the Commission opened two bids that met the requirements and will evaluate these bids in the shortest possible time. I expect that from 1 January we will have a strategic partner who will take over the management and management of RTB Bor," Antić.

The Ministry of Economic Affairs has previously announced that the bids were submitted by three companies, from China, Russia and Canada.

Read more – Government announces tender for strategic partner for RTB Bor

The tender for the selection of the strategic partner for RTB Bor on 20 August was subject to the deadline for the interested bidding companies.

Seven companies have purchased tender documentation.

Among them are three Russian companies, a Chinese, a Turkish, Macedonian mine and a domestic businessman, Milan Popovic, who has copper years.

The Chinese are often mentioned as the most serious candidates for strategic partnership in RTB Bor, and participation in the tender was also confirmed by the major Chinese companies by the Ambassador of China to Serbia, Li Mangang.

Before the call for tenders, 11 companies from Russia, China, Canada, Turkey and the Kazakh European consortium had signed a confidentiality agreement in the past year and those & # 39; Dju dilidzens & # 39; worked before the tender, interested in RTB.

The tender does not define the stock market that is for sale, but the state chooses a partner who is looking for the smallest share for a mandatory investment of $ 350 million.

"The minimum is that we have guarantees that all employees will keep their jobs and that the least investment will be $ 350 million and that production will increase between three and four times over the next four to five years." Depending on that, we will see how the state can position it on its own, "said former Prime Minister Ana Brnabic.

Read more – OPPORTUNITY FOR RTB BOR: Turkish Cengiz who is seriously interested in strategic partnership

Companies had to allocate $ 10,000 for the purchase of tender documents.

A condition for considering bids is depositing deposits or delivering a bank guarantee of one million dollars.

The companies that were continuously engaged in the exploitation of copper and other colored and precious metals with a yield of at least half a billion US dollars in the past year were entitled to submit the application.

A strategic partner with a capital recapitalization of at least $ 350 million becomes the owner of the share in RTB Bor, depending on the conditions, can be a domestic or foreign legal entity, but also a consortium formed by the association of domestic and / or foreign people for strategic partnership.

RTB employs approximately 5,000 people.

On July 18, the government of Serbia announced a tender for the selection of a strategic partner for the mine and melting basin "Bor.

The tender provides for a cash recapitalization of $ 350 million.
Mining currently contributes to GDP from 0.9 to 1 percent, with the aim of breeding up to 5 percent.

Only RTB Bor also contributes 0.8% to the GDP of the country.


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