Mining and Smelting Combine Bor – Parent Company →
The parent company (Head Office) is one of the four dependent entities within RTB Bor Group. The basic activity of this company is managing the global business policy, capital, development, investments, as well as procurement and sale of the combine products. The Parent Company has 123 employees.
Copper Mines Bor
Bor Copper Mines include two copper mines with open pit exploitation (reserves Veliki Krivelj and Cerovo), one underground mine (Jama mine), two facilities for preparation of minerals (Concentrators in Krivelj and Bor), one nonmetals mine (Open Pit and Lime Production Plant in Zagradje) and Exploration Facility.
Copper Mine Majdanpek
The first tones of concentrate were delivered to Bor on June 25, 1961, and that is when production formally started in Copper Mine Majdanpek.
Bor Copper Smelter Refinery →
Smelter and Refinery consists of two lines. The first smelting line was put into operation in 1961, while the other one was put into operation in 1971. Deconstructon of the second line is in progress and a new smelting line will be designed and constructed instead of this one.
Mining and Smelting Combine Bor is the only producer of copper and precious metals (gold and silver) in Serbia. All products are on the stock market and their quality, demand, prices and conditions for sale are defined by the regulations issued by the None-ferrous Metals World Markets. For more than 100 years, RTB has been excavating and smelting copper ore, and the Smelter in Bor has been producing high quality copper cathodes and precious metals. Copper production started in 1903 at Bor and Majdanpek sites.
A century long mining activities
One century long mining activities and copper production have left impressive data about the achieved quantities and confirmed the potential of the reserves that have been exploited so far. As of 2011, more than 750 million tons of copper ore has been excavated, approximately 3.353.000 tons of copper and 155.514 kg of gold and 971.030 kg of silver has been produced, and more than 1.820 million of tons of overburden has been removed, which was the precondition and an accompanying component in open pit ore exploitation.
The resources of the mining in Bor and Majdanpek are inexhaustible since less than a half of the total resources has been used so far. Certified geological reserves amount to approximately 1.38 billion tons of ore and they contain approximately 5.1 million tons of copper, 202 tons of gold and 1.477 tons of silver. Confirmed reserves, with the average annual exploitation of 26 million tons of ore, guarantee copper production for the next 50 years.