Nevsun is planning to invest $600m to open a new copper and gold mine near Bor in eastern Serbia. The Cukaru Peki mine should open in 2022, and the Canadian company is planning to excavate some 27 million tons of ore over the following decade. A total of 900,000 tons of copper and approximately 52 tons of gold is expected to be produced over this time period. The location is one of the richest gold and copper sites in the world, according to a feasibility study.
