Opening of Cukaru Peki mine scheduled for 2022  

Opening of Cukaru Peki mine scheduled for 2022

Opening of Cukaru Peki mine scheduled for 2022

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Construction of copper and gold mine Cukaru Peki in the vicinity of Bor will begin in 2020 with plans to complete it in 2022, stated Veljko Ćulafić, Project Manager at Rakita Exploration Bor. "This is one of the largest investments in Serbia, about USD 590 million will be invested by 2022 and additional and additional USD 457 million from 2022 to 2037, when the exploitation of the mine is planned to end", Ćulafić stated for the Tanjug during the 8th International Conference on Mineral Resources in Serbia. According to him, Rakita will be directly employing approximately 600 workers, and an additional 300 will be hired as subcontractors. 

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