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News: Bulgaria >> South-Central region >> Kardjali district >> Krumovgrad municipality >> Town of Krumovgrad

News and Articles related to Town of Krumovgrad
Current date: 2012-02-11 04:09

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Town of Krumovgrad (Kroumovgrad) (Kardjali District) is located in South-Central Bulgaria. It is part of Krumovgrad Municipality.
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Business: Dundee Precious Metals` investments are pleased with the results of the study on their Krumovgrad project
Town of Krumovgrad >> Wednesday, 2011-12-07 13:00
Source: Darik Radio
Dundee Precious Metals` investments in a controversial project for a big open-pit gold mine near the Bulgarian town of Krumovgrad will pay back in just a little more than three years, the company`s final feasibility study shows. " We are pleased with the results of the new feasibility study on our Krumovgrad project which confirms the commercial and economic viability ", commented Jonathan Goodman, President and CEO. "The Krumovgrad gold project has been designed to become a showcase for environmenta...

Business: SEEC rejects the preliminary implementation of gold mining concession near Krumovgrad
Town of Krumovgrad >> Wednesday, 2011-11-09 10:30
Source: klassa.bg
SEEC rejects the preliminary implementation of Dundee`s gold mining concession During the second session of the Supreme Environmental Expert Council (SEEC) on the gold mining concession near Krumovgrad , granted to Balkan Mineral and Mining (a branch of the Canadian-based company Dundee Precious Metals) documents for the water supply zones, which were missing during the session held on September 19, were presented by the Basin Directorate, announced the Ministry of Environment and Waters (MEW). The missi...

Accidents: Homemade bomb kills 3 boys in orphanage in town of Krumovgrad
Town of Krumovgrad >> Saturday, 2009-12-05 18:33
Source: Novinite.com
3 boys, ages 13, 15 and 16, died Saturday when a homemade bomb exploded in an orphanage in the southern Bulgarian town of Krumovgrad . The device went off around 2 pm. One of the boys died on the scene while the other has been taken to the Krumovgrad hospital where he later died. A third boy was listed in critical condition in the hospital in the regional center – the city of Kardzhali , and died during surgery. Police arrived shortly after the blast and found remains from a homemade explosive. It is s...

Business: Back-burner for Dundee gold project in Krumovgrad
Town of Krumovgrad >> Thursday, 2008-06-26 01:04
Source: Dnevnik.bg
Canada`s Dundee Precious Metals said it will temporarily put on hold the signing of an agreement with the Bulgarian government on the development of the Krumovgrad mining project after the two sides failed to approximate their positions. Initially, the draft memorandum agreed by Dundee and the Bulgarian government in mid-March covered the mining projects in Krumovgrad and Chelopech . The talks on the Krumovgrad project continue with no definitive timetable. Under the initial agreement, Dundee was ...

tags: Dundee Metals

Accidents: Bulgaria Police Arrest Driver with 3,32 Permille of Blood Alcohol
Town of Krumovgrad >> Saturday, 2008-03-15 14:37
Source: Novinite.com
Bulgaria`s police in the southeastern town of Krumovgrad arrested late Friday a drunk driver with dazzling 3,32 permille of blood alcohol. The 40-year-old driver was stopped for a routine check but the test showed high blood alcohol content. Fast-track proceedings were launched against the driver.

Business: Bulgaria, Dundee Set up Public-Private Partnership over Mine
Village of Chelopech >> Monday, 2008-03-10 16:29
Source: Novinite.com
Bulgaria`s PM Stanishev (M) broke Monday the news about the new concession contract with Canadian Dundee Precious Metals, which is likely to put an end to several years of bitter relations. Bulgaria`s government and Dundee Precious Metals Inc have agreed to set up a public-private partnership following talks over the Canadian mining group plans to expand its Chelopech copper and gold mine. " The government has negotiated new terms in the concession contract with the concessionaire, Dundee Precious Me...

Business: Turkish businessman buys Kardjali tobacco processing factory
Town of Kurdjali >> Monday, 2008-03-10 11:23
Source: Dnevnik.bg
Aidatour, a company 22%-controlled by Turkish businessman Fuat Guven, has won the sale procedure for tobacco processing factory Kardjali BT, beating six other candidates. Late last week, local tobacco Bulgartabac Holding said Aidatour offered 6.013 mln levs for 90.56% of its Kardjali unit. The price bid deadline was March 7. In 2007, Bulgartabac made two unsuccessful attempts to sell the Kardjali factory, first setting a minimum price of 2.5 mln and then lowering the bar to 2.1 mln levs. In additio...

Business: Bulgaria Government Wants Larger Share of Chelopech Gold Mine
Village of Chelopech >> Saturday, 2008-03-01 18:22
Source: Novinite.com
The Bulgarian government is engaged in negotiations with the concessionaire of the Chelopech gold mine in order to increase state fee by 10%, and to get a bigger share in its exploitation. This was announced in parliament on Friday by the Bulgarian Economy Minister Petar Dimitrov. The idea has been put forth by the Environment Minister Dzhevdet Chakurov about a year ago but was opposed by the former Economy Minister Rumen Ovcharov and the current Deputy PM and Foreign Minister Ivailo Kalfin. Minister...

Business: Supreme Administrative Court ruled to revoke the “silent refusal” on Krumovgrad project
Town of Krumovgrad >> Friday, 2007-07-13 08:00
Source: DPM Group
Dundee Precious Metals Inc. announces that in a unanimous decision, the five member panel of the Supreme Administrative Court (“SAC”) ruled to revoke the “silent refusal” on the part of the Minister of Environment and Waters (“MoEW”), instructing him to issue a decision on Kroumovgrad’s Gold Project Environmental Impact Assessment (“EIA”). This court decision came in response to an appeal filed by the MoEW in connection with the February 13, 2007 unanimous decision by the three member panel of the SAC. S...

Business: BMM and the Bulgarian Ministry of Economy - additional agreement to the Krumovgrad contract
Town of Krumovgrad >> Wednesday, 2007-07-04 08:00
Source: DPM Group

Dundee Precious Metals Inc. is pleased to announce that its wholly owned subsidiary Balkan Mineral and Mining EAD (“BMM”) and the Bulgarian Ministry of Economy and Energy signed an additional agreement to the Contract for Prospecting and Exploration of Metalliferous Resources on the Krumovgrad License Area of June 12, 2000 which expired on June 12, 2007. This additional agreement extends the Contract by one year to June 13, 2008 and entitles BMM to retain all its rights under the Contract.

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