Company gets gold mine exploration license

The Junta has issued an exploration license to Basti Resources, a mineral company, to hunt for gold reserves in the Abla / Tres Villas areas. Basti intends to examine a number of the old mineral mines in the area to see if the old mines can be opened up again using modern technology. Although not permitted to open the mine under this license, if they found anything they would have first shout at the paperwork. Continue reading Company gets gold mine exploration license

Eurovegas may be scrapped

The eurozone crisis and financing problems have cast a shadow on plans to build a giant Las Vegas-inspired casino complex in Madrid or Barcelona, Michael Leven, the number two of Las Vegas Sands Corp said Tuesday. The “Eurovegas” was projected by its backers to create up to 250,000 jobs in a country where a quarter of the workforce is unemployed. Leven would not rule out that the project could be scrapped but he said at Continue reading Eurovegas may be scrapped