19.6 C
Mining News

Bulgaria extends Gorubso-Madan’s concession for lead-zinc deposit

Bulgaria’s caretaker government said on Wednesday it decided to extend by 15 years the term of the concession contract with local mining company Gorubso-Madan for the Petrovitsa lead and zinc deposit, in Smolyan region.

The extension was requested by Gorubso-Madan in order to extract the metal ores remaining deposits in the concession area, the government said in a statement following its weekly meeting.

Supported by

The concession covers the extraction of lead-zinc ores. The contract was first concluded in 2001.

Gorubso-Madan is a subsidiary of Bulgarian construction company Minstroy Holding.


Source: SeeNews

Related posts

Tungsten West receives final permit for Hemerdon mine processing facility, eyes production start by 2026

David Lazarevic

Elementos explores strategic acquisition of Iberian tin smelting facility in Spain

David Lazarevic

EU’s quest for critical raw materials: Strategic partnerships and the path to sustainable development

David Lazarevic
error: Content is protected !!