Asarel

Mining Industry Accounts for 5% of Bulgaria's GDP - Energy Minister

The mining industry generates 5% of Bulgaria's GDP and provides jobs for over 24 000 people, according to Energy Minister Temenuzhka Petkova.

Petkova attended Saturday the 50th anniversary celebration of Bulgarian mining company Asarel-Medet AD.

She noted that around 300 companies operated in the sector.

Asarel Investment Gets Metallic Mineral Prospecting Permit for Borimechkovo

Bulgaria's caretaker government has approved the issuance of a metallic mineral prospecting permit at the Borimechkovo terrain.

The permit will be granted to Asarel-Exploration EAD, the investment arm of leading copper ore mining and processing company Asarel-Medet, for a period of three years, according to reports of money.bg.