⁍ Adriatic Metals has invested around $20 million in geological research and plans to pour in around $200 million by the end of 2022.

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⁍ In Vares, he said mining could employ around 380 people to help work two deposits expected to produce silver and zinc, as well as gold and lead.

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⁍ The authorities in Vares, which was a mining and industrial town until the mid-1990s when the Bosnian war ended, say a mining revival would have knock-on benefits.

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– Vares, Bosnia-Herzegovina, was a mining and industrial town until the mid-1990s, when the Bosnian war ended. Now, withcession fees nearly double the municipal budget, “the opening of a mine comes with the creation of new jobs in many accompanying sectors,” says Vares Mayor Zdravko Marosevic, per Reuters. British mineral company Adriatic Metals also plans to invest $200 million into two silver and zinc deposits in Bosnia, as well as gold and lead; production should begin in 2022, per Reuters.