Bulgaria terminates three mining concessions
Bulgaria’s government said that it has decided to terminate three mining concessions, two of which upon the request of the concession holders.
The government terminated the 25 year concession contract for mining building materials awarded to local company Fintex in 2008 due to the company’s failure to make the agreed concession payments, the government said in a statement.
Another building materials mining concession – for the Kartal tepe deposit, was cancelled as requested by local company Vris, which received the concession in 2003.
A fluorite mining concession for the Lukina padina deposit was cancelled upon the request of its current holder – Bulgaria Fluorite. The concession agreement was signed in 2005 with Italy’s N&N Trading, which transferred it to Bulgaria Fluorite in 2011.
- An Israeli gas pipeline to Turkey and Europe
- What Are The Major Natural Resources Of Macedonia?
- Who are the main players in the ore exploration business in Serbia
- Romania Baia Mare Cyanide Spill by Esmeralda Exploration Australia
- Polish ZGH Boleslav accused of polluting Montenegro rivers from its lead zinc mine Suplja Stijena
- Dundee reports record gold production in second quarter in Bulgaria
- New Turkish gold mine to contribute 100-ton annual gold production target
- Romania coal production to increase by 2020
- Rio Tinto faces charges from Serbian NGO’s
- Refractory ore trouble Russian gold miners