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Radovish, May 16, 2025 – The mineral raw materials production and trading companies DPTU Bucim DOOEL Radovish and DPTU Borov Dol DOOEL Radovish, in accordance with their concession agreements and the amendments to the Law on Mineral Resources (“Official Gazette of the Republic of North Macedonia” nos. 136/12, 25/2013; 93/2013; 44/2014; 160/2014; 129/2015; 192/2015; 39/2016; 53/2016; 120/2016; 189/2016; 7/2019; 99/2022; 129/2023; 253/2023; 147/2024; 49/2025), continue to fully comply with their legal obligation for timely, transparent, and accountable payment of concession fees to the affected municipalities.

The payments are made based on the Decision on the Distribution of Concession Fees for 2025 (“Official Gazette of the Republic of North Macedonia” no. 94/2025 of May 12, 2025), with calculations performed in accordance with the Tariff for Calculation of Concession Fees (“Official Gazette of the Republic of North Macedonia” no. 268/2024).

The total planned amount for 2025 to be distributed to the municipalities of Radovish, Konche, and Shtip is MKD 181,754,332, representing a significant financial contribution to the budgets of these local self-governments.

Distribution by Municipality:

Municipality of Konche
MKD 76,128,839 – concession fee for mineral resources exploitation
MKD 809,607 – land use fee
Total: MKD 76,938,446

Municipality of Shtip
MKD 59,720,528 – concession fee for mineral resources exploitation
MKD 544,604 – land use fee
Total: MKD 60,265,132

Municipality of Radovish
MKD 41,556,529 – concession fee for mineral resources exploitation (Bucim and Borov Dol)
MKD 2,994,225 – land use fee (Bucim and Borov Dol)
Total: MKD 44,550,754

Through these payments, Bucim and Borov Dol ensure a direct contribution to local economic and infrastructural development, actively supporting the financing of municipal projects and improving the quality of life in the region. These funds represent direct support for financing infrastructure, environmental, and social projects within the local communities, thus creating long-term value.

According to Article 76 of the Law on Mineral Resources, the concession fee for mineral resource exploitation is distributed between the state and the municipalities where exploitation activities take place, in proportions determined by a Government Decision. The amendments to the Tariff for Determining the Amount of Fees for Issuing Permits and Concessions for Detailed Geological Research and Exploitation of Mineral Resources from 2024 have doubled (from 2% to 4%) the share allocated to municipalities, calculated as a percentage of the market value of copper metal per tonne in each tonne of produced copper concentrate, and likewise for gold – increasing the municipalities’ share from 2% to 4% of the market value of gold metal per tonne of produced concentrate. This has enabled significantly higher municipal revenues from mining activities.

As socially responsible companies, Bucim and Borov Dol remain committed to responsible management of natural resources and to building stable and long-term partnerships with local communities. The payment of concession fees is just one segment of their broader sustainability strategy, which encompasses economic, social, and environmental aspects.

*The amounts for the second and third quarters of 2025 are based on estimates, with actual payments depending on the realization of production plans, market fluctuations in metal prices, and exchange rate movements.

As part of its commitment to advancing education and supporting the educational system, DPTU “Bucim” DOOEL Radovish organized its first educational visit for students from the “Goce Delchev” Primary School – Konche. On May 15, 2025, a group of 22 students and one teacher had the opportunity to closely explore the work of the mine’s chemical laboratory and witness the real-life application of chemistry in industry.

This visit reflects Bucim’s broader dedication to active engagement in the educational process and to encouraging young people’s interest in natural sciences, engineering, and sustainable development. The mine continues to nurture this positive practice by opening its facilities to students, university attendees, and young researchers from the region.

During the visit, students were introduced to specific chemical processes and analyses that are part of the laboratory’s daily operations, including metal precipitation with oxides, hydroxides, and carbonates; laboratory analysis of ore, water, and soil; and the importance of safety, environmental protection, and responsible resource management.

“For us, these initiatives are more than just visits – they are investments in the future. We believe that an inspired student today could become our colleague, innovator, or industry leader tomorrow. Supporting education is a strategic priority for Bucim, and we will continue to work in that direction,” said Aleksandar Rakov, Managing Director of Bucim and Borov Dol mines.

The initiative was carried out as part of the school’s chemistry curriculum and supported by the teaching staff of “Goce Delchev” Primary School – Konche and the Municipality of Konche, as part of their extracurricular efforts to enhance the quality of education. Bucim remains an open and committed partner to educational institutions and a supporter of future generations – working together toward a more sustainable, educated, and prosperous community.

As part of its long-term commitment to sustainable development and social responsibility, Bucim mine participated for the fourth consecutive year in the national environmental initiative Generalka Weekend, and for the second year as an official partner of MAM. This year, the initiative gained additional social value through the inclusive participation of beneficiaries from the Daily Center for People with Intellectual Disabilities “Poraka” from Radovish.

Together, Bucim employees and the young people from Poraka sent a strong message – that protecting the environment and supporting vulnerable groups are not separate goals, but interconnected aspects of a responsible and inclusive society.

The cleanup activities were carried out at several locations near Radovish and around Bucim’s operational areas, during which significant amounts of waste were collected and sorted, highlighting the importance of proper waste management and recycling.

“Generalka Weekend is not just a cleanup action – it is a symbol of responsibility, solidarity, and our determination to make a tangible difference for nature and the community. We are especially proud that this year, through our partnership with MAM and the inclusion of Poraka, we demonstrated that sustainable development must also be inclusive. At Bucim, this is not just a duty, but a value we live by every day,” Kristina Krsteva, Deputy Managing Director for Sustainable Development

Participation in Generalka Weekend 2025 is just one example of how Bucim implements ESG (Environmental, Social, and Governance) principles in practice, as part of its long-term strategy to improve environmental protection, community support, and responsible corporate behavior.

As part of its long-term commitment to social responsibility and support for the local community, DPTU Bucim DOOEL Radovish donated a passenger vehicle to the Public Health Institution General Hospital Strumica.

With this donation, the mining company provides direct support for improving the hospital’s mobility and logistical capacities, thereby contributing to a more efficient organization of healthcare services, particularly in terms of field and administrative support.

“Corporate social responsibility is not just part of our strategy, but a fundamental part of our mission. By supporting healthcare institutions, we reaffirm our commitment to strengthening systems that are vital to the community,” stated Kristina Krsteva, Deputy Manager for Sustainable Development at Bucim and Borov Dol mines, during the handover.

The General Hospital in Strumica expressed sincere gratitude for the donation, emphasizing that such support is of great importance for enhancing their daily operations. Bucim remains dedicated to implementing initiatives that bring long-term value to citizens and public institutions in the region.

DPTU Bucim DOOEL Radovish and the Macedonian Geological Society – GEOLOG, Skopje, have signed a Memorandum of Cooperation establishing a foundation for long-term joint action in the fields of geological sciences, education, environmental protection, and the promotion of sustainable mining practices.

The cooperation is based on the following strategic areas:

• Professional and scientific support, including the preparation of geological reports, analyses, and development strategies for mining capacities, as well as participation in expert councils and advisory bodies;
• Education and lifelong learning, through the organization of training sessions, seminars, and field activities for employees in the mining industry, with a special focus on young geologists and technical staff;
• Joint participation in scientific research and applied projects, including the preparation of applications for domestic and international funding, especially in the fields of geology, hydrogeology, environmental protection, and sustainable mining;
• Environmental protection and preservation of geological heritage, through systematic monitoring of the impacts of mining activities and the development of expert solutions in line with sustainability principles;
• Promotion of geological science, through joint organization and participation in conferences, symposia, field visits, and other professional events;
• Publishing collaboration, through joint publication of professional papers and studies based on field research, monitoring data, and innovative practices;
• Development of young professionals and community engagement, by supporting students, young researchers, and the preparation of graduate, master’s, and doctoral theses related to mining.

“Signing this memorandum represents our ongoing commitment to building bridges between industrial practice and scientific thought. Through strategic cooperation with the Macedonian Geological Society, we strengthen our approach to innovation, sustainable resource management, and the development of new professional talent. We believe that integrating scientific knowledge with real-world challenges will contribute to the advancement of geological science and reaffirm our dedication to responsible and transparent mining,” said Ivica Karapetrov, Deputy General Manager of Bucim and Borov Dol Mines.

Through this initiative, Bucim reaffirms its long-term commitment to supporting science, young professionals, and socially responsible practices in mining, as part of its broader strategy for sustainable development and business ethics.

For the third consecutive year, Bucim acted as a general sponsor of this sporting event, reaffirming its ongoing commitment to supporting local communities and initiatives that promote health, sports, and inclusiveness.

More than 25 employees from Bucim Mine took part in the race, demonstrating through their engagement, energy, and sportsmanship the importance of physical activity as part of the company’s culture of wellbeing and sustainable development. Participation in such events forms an integral part of Bucim’s broader ESG strategy (Environment, Social, and Governance), focusing on building healthier, more sustainable, and resilient communities.

“We are proud to be part of ‘Superior Runs’ as a general sponsor for the third year in a row and to contribute through the active participation of our employees to promoting healthy living habits. Supporting sports events, investing in the community, and developing human capital are key elements of our corporate strategy,” stated Alexander Rakov, General Manager of Bucim.

“Our employees are the heart of Bucim, and that is why we invest in their wellbeing not only in the workplace but also beyond it. Participation in the ‘Superior Runs’ race is an excellent opportunity for team building, promoting healthy habits, and strengthening our corporate spirit. We are proud to be part of this event for the third consecutive year, building a culture of responsibility and togetherness through sports,” added Miroslav Petrov, Human resources manager.

Bucim remains firmly committed to the continued support of sports, healthy lifestyles, and initiatives that contribute to the wellbeing and development of both its employees and the wider community

The Bucim copper mine took part for the second time in the Open and Career Day organized by the Goce Delchev University – Štip, in cooperation with the Economic Chamber of Macedonia and the Municipality of Štip. The event provided a platform for direct interaction between students, high school pupils, and representatives of various companies from different sectors.

Through its dedicated booth, Bucim presented employment opportunities, internship programs, and avenues for professional development, with a particular focus on young professionals from technical and engineering backgrounds—sectors that are essential to the sustainable functioning of the mining industry.

“We believe that investing in young people is an investment in a sustainable future. As a socially responsible company, we actively engage in identifying, supporting, and developing new generations of engineers and technicians through practical training, mentorship, and real career opportunities,” said Miroslav Petrov, Head of Human Resources at Bucim.

The event drew strong interest from students across multiple faculties, as well as from technical high school pupils, including those from the “Kole Nehtenin” Vocational School in Štip. Young attendees were encouraged to apply for job positions or join Bucim’s internship programs in order to be considered for future employment at Bucim and its sister mine, Borov Dol.

In the framework of the event, working meetings were also held with professors from the Faculty of Natural and Technical Sciences at UGD. Discussions emphasized the need to increase the number of students in technical disciplines and highlighted the importance of continuous collaboration between academia and industry.

“Our ESG strategy goes beyond environmental protection and the improvement of workplace safety standards. It reflects a broader socio-economic responsibility—supporting the local community, creating long-term value for future generations, and strengthening the domestic engineering workforce,” stated Alekxander Rakov, General Manager of Bucim and Borov Dol mines.

The event concluded with meetings between academic representatives and company officials, reaffirming the commitment to further collaboration between the university and the industrial sector. Through this participation, Bucim once again confirmed its role as a responsible mining company and a partner in developing the next generation of skilled professionals.

Radovish, April 1, 2025 – DPTU Bucim DOOEL Radovish and the RADA-DLUR Radovish Association of Fine Artists are pleased to announce the successful hosting of their inaugural joint exhibition featuring young artists from the local community on April 1, 2025. This event marks the commencement of a collaborative effort aimed at supporting and promoting talented young artists under the age of 18 from the region.​

The partnership between Bucim and the Association was formalized with the signing of a Memorandum of Cooperation on December 11, 2024. This agreement outlines joint initiatives to identify and support young artists through the organization of trainings, workshops, exhibitions, and other events designed to help them develop their potential. Bucim has committed to providing financial support by purchasing selected artworks, thereby encouraging creativity and offering material assistance to the artists.​

“As a company deeply rooted in the local community, we recognize the importance of nurturing young talent. This collaboration reflects our dedication to sustainable development and the cultural advancement of the region,” said Alexander Rakov, Manager of Bucim.​

The RADA-DLUR Radovish Association of Fine Artists will be responsible for organizing competitions and exhibitions, coordinating calls for artworks, communicating with young artists, and providing professional guidance for the selection of works and the execution of activities.​ This initiative aligns with Bucim’s Environmental, Social, and Governance (ESG) commitments, particularly in the area of social responsibility. By supporting the cultural and artistic development of young people under 18, the company contributes to the creation of an inclusive and sustainable society, investing in future generations and their potential. This collaboration represents a significant step toward strengthening the cultural scene in Radovish and its surroundings, encouraging young artists to continue their creative development, and enriching the community’s cultural life.​

As part of their long-term sustainable development strategy, the Bucim and Borov Dol mines once again marked the arrival of spring with an environmental reforestation initiative. Through active employee involvement and a systematic approach to environmental protection and enhancement, the company continues its contribution toward creating a greener and more sustainable future for the local community and the broader region.

This initiative represents a continuation of a multi-year effort for ecological rehabilitation of the concession area of DPTU Borov Dol DOOEL, launched in 2021. To date, a total of 4,000 saplings have been planted—2,600 black locust and 1,400 black pine—focused on restoring degraded or non-functional areas in and around the mining facilities.

In the first year of the initiative, 2021, 500 saplings were planted beneath the dam crown. In 2022, another 500 saplings were planted around the administrative complex and the ore warehouse, aiming to improve the ecological environment surrounding the administrative buildings. The year 2023 saw a significant expansion of activities—1,500 trees were planted around key facilities: the parking lot, the warehouse, the mechanical workshop, and the primary crushing plant. In 2024, the reforestation effort continued with an additional 1,500 trees planted along the road leading to the main entrance of the mine, creating a natural green belt.

“Our vision is clear – we aim to achieve long-term positive impact, not only through economic contributions but also through responsible environmental management. Reforestation is a key element of our long-term commitment to ecological balance and responsible land stewardship,” said Alexander Rakov, General Manager of the Bucim and Borov Dol mines.

With this spring initiative, Bucim and Borov Dol not only commemorate the Day of Spring but also reaffirm their role as a responsible industrial entity actively contributing to the creation of long-term ecological balance.

DPTU “Bucim” DOOEL Radovish is pleased to announce the signing of a renewed partnership agreement in support of the national environmental initiative “Generalka Weekend 2025”. With this, Bucim once again affirms its long-term commitment to sustainable development, corporate social responsibility, and care for the environment.

As one of the earliest and most dedicated partners of this initiative, Bucim has been actively involved from the beginning in numerous field activities — from afforestation and cleaning of illegal landfills to educational and volunteer actions with the local community. Over the years, this partnership has resulted in the removal of tons of waste from public areas, the planting of hundreds of trees, and the inspiration of hundreds of citizens to actively participate in environmental protection.

“From the very beginning, we believed in the vision of Men and Mountain, and our support reflects the values we stand for – responsibility, cooperation, and collective care for nature. We believe that every small action contributes to meaningful change. As a company, we strive to set an example that industrial development and environmental protection can and must go hand in hand,” stated Ivica Karapetrov, Deputy Managing director of Bucim.

The signing of this new agreement with Men and Mountain marks another step forward in Buchim’s efforts to foster a sustainable and environmentally conscious society. The company will continue its concrete activities throughout 2025, including logistical and volunteer support, donations, and the mobilization of employees and the local community.

Through this partnership, Bucim once again demonstrates that it is more than just an economic driver of the region – it is an active and responsible ally of the community in building a healthy, clean, and sustainable future.