KEYWORDS TODAY:   OUTLOOK 2020NATOKTBGRIGOR DIMITROVUKRAINEPRISON WORKERS

Asarel Investment Granted Metallic Mineral Exploration Permit

Business | April 30, 2014, Wednesday // 13:19| Views: 1030 | Comments: 0
  • Send to Kindle

Asarel Investment, the investment arm of leading copper ore mining and processing company Asarel-Medet, has been awarded a metallic minerals prospecting and exploration permit.

On Wednesday, Bulgaria's government approved the issuance of a permit for prospecting and exploration of metallic minerals in the "Varshilo" area on the territory of the municipalities of Sozopol and Sredets, Burgas district.

The permit awarded to Asarel Investment EAD is for a period of three years.

The minimum work program of the company envisages investments of BGN 917 300, part of which is the sum of BGN 40 000 earmarked for environmental protection and rehabilitation.

Business » Be a reporter: Write and send your article
Tags: Asarel Medet, copper mine, Bulgarian government, exploration rights
Expats.bg All Are Welcome! Join Now!

Leave a comment


Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria