About Us
Company Overview
Middle Island Resources is an Australian public company focused on the creation of shareholder value through the discovery and development of high grade or large-scale gold and base metal deposits in the world-class Western Tethyan Mineral Province of southern Europe.
The Company has established a multi-project tenement portfolio in Serbia, an established mining jurisdiction with an expanding mining sector, and active participation by a range of multi-national companies.
Middle Island is led by an experienced Board and Management team with a track record of discovery and creating shareholder value.
Western Tethyan Mineral Province
The Western Tethyan Mineral Province is one of the world’s premier mineral provinces and contains significant deposits of gold, silver, copper, lead, zinc, nickel, lithium and boron.
The geological history of the province is shaped by the ancient collision of the African and Eurasian continents, which formed large-scale magmatic and structural systems and formed the world-class deposits seen in the region today.
Serbia lies at the geographic centre of the Western Tethyan Mineral Province and is highly prospective for the discovery of new mineral deposits.
Serbia: Attractive Mining Jurisdiction
Serbia is a prime destination for exploration and mine investment, with a well-established mining sector, a modern mining code, and multiple underground and open pit mines currently in operation.
The Čukaru Peki copper gold mine, in eastern Serbia, represents the most recent major development. The mine boasts a processing capacity of over 3.3Mtpa and was commissioned in late 2021 following a $474 million investment by Zijin Mining Group.
In addition to the rich geological potential and history of successful new mine development, the Government of Serbia encourages new resource sector investment by offering a favourable fiscal regime that includes one of the lowest effective total tax rates among major mining jurisdictions worldwide.