June 9 (SeeNews) - Canada-based mining company EMX Royalty Corporation considers starting activities for the exploration of metals in Bosnia and Herzegovina's Serb Republic, the entity's ministry of energy and mining said.
The company is ready to define potential projects for the exploration of metallic raw materials in the entity, the ministry said in a press release earlier this week, without providing further details.
The municipality of Novi Travnik, located in Bosnia's Federation, said in October 2022 that EMX Royalty Corporation plans to start activities for the exploration of precious metals at two locations in the municipality.
Headquartered in Vancouver, EMX is a precious, base and battery metals royalty company.
The Serb Republic and the Federation are the two entities which form Bosnia and Herzegovina.