Macedonia lead-zinc mines acquired by Bulgarian Minstroj
The Bulgarian company “Minstroj” is the new concessionaire of the Macedonian mines for lead and zinc “Toranica” and “Zletovo”, the Government of Macedonia has decided.
Macedonian Deputy Minister of Economy, Hristijan Delev, said that the Bulgarian “Ministroj”, the Russian “Solvej” and the Construction Institute had participated in the tender.
The Bulgarian company has taken the Macedonian mines under concession for a period of 30 years, and it will pay two million euros per year for the concessions respectively.
In the previous period, the Macedonian mines had been managed by the Indian company “Indominerals”, but in November last year, the Ministry of Economy terminated the contract unilaterally because the concession fee for exploiting mineral resources had not been paid, and the mines went bankrupt.
Source: Serbia-energy.eu
Latest Posts
- Bosnia and Herzegovina, Discovered a gold deposit near Srebrenica
- Region, What next for the big miners?
- Resource Mining Corporation acquires highly prospective nickel and lithium tenements in Finland
- Erdene Resource Development Corp. reported results from recent drilling at the 100%-owned Dark Horse prospect
- Atalaya Mining provides exploration update on its projects in Spain
Popular Post
- Who are the main players in the ore exploration business in Serbia
- What Are The Major Natural Resources Of Macedonia?
- Bosnia and Herzegovina, Discovered a gold deposit near Srebrenica
- BSG Capital Gabriel Resources owner Steinmetz wanted in Romania
- Prairie and China Coal advancing Poland Jan Karski coal mine together
- Rio Tinto is ecological catastrophe for Serbian citizens
- Albania: Expected growth of mining sector 10%
- Aurasian Minerals Exercises Option For 80% Interest In Gokcanica Serbia gold project
- JSC Pavlik, Russia, new gold processing plant
- Eldorado and Minvest Deva Certej mine proposal rejected in Romania