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Bulgaria extends term of Vatia Holding minerals mining concession by 15 yrs

  Bulgaria's government said on Wednesday that it has extended the term of a minerals mining concession for the Ovcharovo deposit held by local Vatia...

Velocity Minerals to acquire 70% stake in Bulgaria’s Obichnik gold project

Velocity Minerals has signed an option agreement with Gorubso Kardzhali to acquire a 70% interest in the 388ha Momchil property in south-east Bulgaria. This property...

Full motion production at Dundees Krumovgrad mine in Bulgaria

Dundee Precious Metals has now officially transitioned its Krumovgrad project in southern Bulgaria to an operating mine with the confirmation of commercial production, and...

Velocity gains another Bulgaria gold option

Canadian exploration and development company Velocity Minerals has signed an option agreement with Bulgaria's Gorubso Kardzhali to acquire 70% of the 388-hectare Momchil property...

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...
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