Serbia mining: Life Stone Capital leases from Gov the Lece lead and zinc mine

28. April 2015. / Mining

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Lece mine with exploration rights on gold, lead and zince which belonged to Farmakom company will be leased to Dubai based Life Stone Capital company.

At the meeting of the Board of Creditors, it was decided that the company “Life Stone Capital“ from Dubai should take the gold, lead and zinc mine “Lece“ on lease.

According to unofficial information, the Lease Agreement has been signed for the period of nine months. The leaseholders have announced that they will pay the salaries for 400 miners in the coming days.

The miners have otherwise been on strike since January because they have not received salaries for months.

The mine “Lece“ is a property of the company “Farmakom“ from Šabac, the owner of which is in custody.

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