Tag: Euromax
Macedonia 29.07.23 | 17:30

Euromax may sue individual ministers who are blocking their copper mine

Euromax Resources, the company that is trying to develop the large Ilovica copper mine near Strumica, may sue individual members of Government who worked against this decision. The Government recently decided to advance the Ilovica concession, by unifying two of their separate claims, but after public...
Macedonia 05.07.23 | 18:05

Environmental activists shocked by Government decision to allow the construction of a huge copper mine near Strumica

Activists from the organization “Healthy Valley” are asserting that the construction of the new copper and gold mine “Ilovica – Shtuka” will lead to the deterioration and death of the fertile and heavily populated Strumica valley, where it will be built. The activists say...
Macedonia Economy 04.01.21 | 21:39

Company confirms that the Ilovica copper mine is being developed through a company with ties to Bulgaria

The management of Euromax Resourced LTD, which is operating the large proposed Ilovica copper and gold mine, confirmed that the company is being taken over by a Bulgarian company that operates from the Cayman islands. Euromax insisted that this company called Galena is part of the Singaporean Trafigura...
Economy 17.12.19 | 21:17

Canadian mining company says the decision to stop it from opening a large copper mine near Strumica was driven by politics

The Canadian Euromax Resources company has accused the Zaev Government of making a political decision when it withdrew its right to build the large Ilovica copper mine near Strumica. The company said that it is prepared to use all domestic and international legal remedies in the newfound situation. According...
Economy 05.07.19 | 09:50

The government takes away Euromax’s concession for the Ilovica mine

At Thursday’s government session, a decision was taken to take away Euromax’s concession for the Ilovica mine. The information provided by the Ministry of Economy states that the company did not submit all necessary documents required by the Law on Mineral Resources for obtaining a license...

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