BULGARIA GOLD/COPPER MINE
November 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Dundee Precious Metals Inc US$10 million to modernise and expand its Chelopech Gold Copper mine and associated processing plant in Bulgaria. Its aim is to boost the complex's processing of ore from 500,000 to 1.5 million tonnes per year, which it converts into copper/gold concentrates. The investment would be the bank's first in a Bulgarian mining sector that has been hit by closures through environmental problems, poor operational and financial performance and ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.