22.1 C
Supported byspot_img

Mundoro Capital’s strategic mining project locations in Serbia and Bulgaria, disciplined capital

Member of Europium Groupspot_img
Supported byspot_img

Mundoro Capital Inc. is a Canadian-based junior mining company that is utilizing the proven partner model to boost mining exploration in Serbia and Bulgaria’s Tethyan belt and is focused on investing in base metal and precious metal projects in the western portion of the Tethyan belt in Bulgaria and Serbia. The company focuses on copper and gold discoveries and is well equipped with an experienced team, a strategic investment portfolio and fiscal discipline.


The company has projects in world-class districts paired with an experienced team and proven partner model and has a clear and achievable vision to create long-term shareholder value. By utilizing the company’s chosen business model, they are able to offer their shareholders a decreased investment risk as well as major benefits.

head of TSX Company Services at TMX Group, Arne Gulstene, spoke with Teo Dechev, CEO and president of Mundoro Capital, about the company’s focus on making more copper and gold discoveries, and ways that they are leveraging their expertise in the mining industry to fund future projects.

Supported by

Dechev believes that copper, in the long run, will continue to have strong demand due to the electrification of cities and the growing popularity of electric vehicles. While there has been a decrease in the short-term demand of copper due to COVID-19, Dechev sees copper recovering as a strong long-term and stable investment.

Budgets across the mining industry have been constrained and there has been a decrease in exploration due to a lack of capital. In response, Mundoro Capital has been driven to find new creative ways to continue financing vital mining exploration.

With the capital markets having changed their view on what risks they are willing to take, Mundoro Capital is establishing itself with the partner model to continue to finance their programs. This means that the company is partnering with major mining companies that will ultimately develop and mine the assets that are discovered. Mundoro Capital is also exploring streaming and royalties as an alternative to the traditional capital markets.

Dechev emphasizes the importance of mining in every society. She highlights Mundoro’s approach to responsible mineral development and the company’s three pillars of sustainable development: environmental, social and governance. The company is proud to work with local communities to build relationships and create new opportunities.

Mundoro Capital’s business model includes targeting strategic locations, identifying potential exploration areas, and partnering with major mining companies for asset development. This process decreases risks and presents major benefits for the shareholders.

So, how does Dechev sum up Mundoro Capital’s investment proposition? She believes that the company offers stable cash flow, an experienced management team, and an excellent roster of partnering companies. The company is using its international expertise in mineral finance, project evaluation, exploration and project development to create long-term shareholder value. It will be great to see how they progress with their goals.

Source: business.financialpost.com

Supported byElevatePR Digital

Related News

NMMC targets $1 billion investment in 2024 to expand gold production capacity

Navoi Mining and Metallurgical Combine (NMMC), the world’s fourth-largest gold producer and Central Asia’s largest gold miner, has announced an ambitious investment program for...

China’s copper smelters cut output amid ongoing supply shortages

A shortage of copper concentrate this year has prompted several smelters in China to reduce their output, with further reductions expected next year as...

Indonesia launches $3.67 billion copper smelter in Gresik’s special economic zone

Coordinating Minister of Economy Airlangga Hartarto, Investment Minister/Head of Investment Coordination Agency BKPM Bahlil Lahadalia, and PT Freeport Indonesia (PTFI) President Director Tony Wenas...

Norilsk Nickel explores new copper, nickel and palladium ventures in China amid sanctions impact

Russia’s largest mining company, MMC Norilsk Nickel, is exploring several new projects in China, focusing on copper, nickel, and palladium, as international sanctions complicate...
Supported by
Supported by
Supported by
error: Content is protected !!