Dundee Precious Metals Chelopech is a mining plant with over 50 years dynamic history. Since 2004 in the company are invested 300 million U.S. dollars to modernize production, improve working conditions and safety, implementation of environmental projects and investments in public sector.
Dundee Precious Metals Chelopech implements its investment strategy in Bulgaria through a phased implementation of a coherent program to increase production, the introduction of infrastructure and technological innovations. Endpoint of the company after 2012 is the annual productivity to be doubled and the company to extract and process 2 million tons of ore. The project is totaling 150 million U.S. dollars.
The development and the implementation of technological innovations creates know-how and professional potential, which develops and retains within the country. This favors the formation of an environment to develop new mining and metallurgical technologies in experimental and industrial conditions.
With over 1000 people staff, the company is a major employer in the region of Chelopech and Srednogorie. Thanks to the company municipality of Chelopech retains the lowest unemployment rates in the country.