Tag: <span>Mining sector in Albania</span>

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Life Insurance in Mining Sector to Become Mandatory in September
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Life Insurance in Mining Sector to Become Mandatory in September

TIRANA, August 14 Every company that owns a mining permit is obliged to ensure the lives of their employees. An instruction approved recently by the Albanian Financial Supervisory Authority (in Albanian: AMF), that will come to force on September 1st.2019, defines the obligations that the insurance companies have, regarding this kind of policy and to...

Race for 5 Mining Areas of Chromium Excavation Has Already Started
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Race for 5 Mining Areas of Chromium Excavation Has Already Started

TIRANA, June 21 The Ministry of Infrastructure and Energy has declared open the competition for 5 mining areas, for the research and extraction of chromium ore, meanwhile the subjects who are interested should submit the necessary documentation before July 11, 2019. Referring to specifications, 2 of the mining areas are in Elbasan county and aim...

AlbChrome Albanian company, among the best companies in the world
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AlbChrome Albanian company, among the best companies in the world

Metalbulletin British magazine has ranked AlbChrome Company in the top 5 most quality producers of Ferrochrome in the world. Since 2013, AlbChrome is part of Balfin investment group, one of the biggest investment groups in Balkan, with headquarters in Tirana capital. Since 2001, AlbChrome is the concessionary firm which manages the Chrome Mining in Bulqize city, the...

62 mining zones declared as dangerous in Albania
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62 mining zones declared as dangerous in Albania

In a press conference, the Minister of Energy and Industry Damian Gjiknuri declared that 62 mining zones have resulted as problematic and dangerous, after several controls throughout the country. Private companies will no longer be allowed to exercise activity in these zones since they put in danger the life of workers, according to him. He...

XX Congress of Carpates to be held in Tirana
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XX Congress of Carpates to be held in Tirana

The twentieth (XX) Congress of Carpates will be held in Tirana on September 24-26, organized by Carpathian Balkan Geological Association. According to the organizers, the congress will be attended by researchers and scientists from the fields of Geoscience, coming from different European countries. The Organizing Committee of the XX Congress of Carpates has published the...

Ministry of Energy cancels 170 mining permits
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Ministry of Energy cancels 170 mining permits

170 mining permits and 40 hydroenergitic plants have been cancelled by Ministry of Energy and Industry, in the framework of the monitoring and reviewing process of all previously issued concessions. The main reasons why the Ministry took this measure relate to the absence of investments as announced in the signed contracts, the failure to pay...

Revocation of permissions for 90 subjects in the mining sector
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Revocation of permissions for 90 subjects in the mining sector

National Agency of Natural Resources has undertaken a control of the mining activity of several companies in the territory of Albania. This action has been followed so far by fines for all companies which didn’t respect the law, for not issuing periodical reports and for not depositing the guarantee for the rehabilitation of the environment....

Intensive controls on permits in the mining sector
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Intensive controls on permits in the mining sector

Ministry of Energy and Industry has announced the cancellation of 150 permits for businesses that operate in the mining sector and about 85 other businesses have been fined with administrative measures. According to official declarations of the Ministry of Energy and Industry, the mining sector is undergoing a general control with the aim to discipline...

Mining sector
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Mining sector

Albania is rich in extractable mineral resources including chromium, copper, nickel, and coal. The quality and quantity of chromium are particularly high and it is worth noting that prior to 1990 Albania was the world’s third-largest producer and is today the only European country with significant reserves of this mineral. The mining industry in Albania...