15.8 C
Belgrade
28/02/2024
Mining News

Bulgarian gold miner Gorubso Kurdzhali grows 2018 net profit, revenue

Bulgarian precious metals mining company Gorubso Kurdzhali said that its net profit grew to 2.3 million levs ($1.3 million/1.2 million euro) in 2018 from just 31,000 levs the year before.

The company’s sales revenue rose to 17.8 million levs last year from 14.5 million levs in 2017, Gorubso Kurdzhali said in an annual financial statement.

Supported by

Personnel costs increased to 7.6 million levs in 2018 from 6.9 million levs in 2017, while expenses for materials edged up to 4.1 million levs from 4.0 million levs.

Source: seenews.com

Related posts

Swiss NGO unmasks African industrial gold trade

VM

St Charles Resources said it reached a final agreement to acquire Bulgaria-based private mining business Eastern Resources

VM

Bulgaria, Dundee Precious Metals updates life of mine plan

VM
error: Content is protected !!