All posts by : Kristina

The new copper mine, Borov Dol Radovish, donated funds to a new municipal road construction project currently in the development stage. The project aims to completely reconstruct the local road that connects the villages of Gabrevci, Dolni Lipovikj and Gorni Lipovikj with Konce. 

Reconstruction of the existing local road infrastructure in the municipality of Konce will be economically beneficial for the region as it will facilitate both the transport of goods and services and growing social connections between the villages and the Konce. Modernization of the road infrastructure will also enable easier and safer travel for the population living and working in this area of the municipality. 

“Supporting projects that improve the economic prospects and the quality of life of the citizens in the municipalities in which we operate is an important component of our social policy. Society is dependent on the road infrastructure, and supporting the economic growth of our local communities is a common interest,” added Pavlo Krivinsky, General Manager of Borov Dol.

During 1H 2020, Bucim processed 2.2 million tonnes of ore (106% of 1H 2019), with copper content of 0.166 % (85% vs. quality of ore processed in 1H 2019), gold content of 0.151 g/t (52% vs. quality of ore processed in 1H of 2019). This corresponded to 14,603 tonnes of dry copper concentrate from ore raw materials (90% of 1H 2019 volume), containing 3,066 tonnes of copper (90% of 1H 2019 volume), 170 kg of gold (48 % of 1H 2019 volume), and 442 kg of silver (95% of 1H 2019 volume). During 1H 2020, Bucim’s SX/EW plant produced 335 tonnes of cathode copper of 99.99% quality (95 % of 1H 2019 volume).

The company achieved a positive financial result for 1H of 2020: a pre-tax profit of €4.7 million (47% vs. comparable figure for 1H of 2019). Bucim paid an advance taxes to the budget of North Macedonia in the amount of €858,000.  The company paid concession fees of €447,000 for the use of mineral resources in 1H of 2020, 78% of which was paid into the budget of the municipality of Radovish and 22% into the federal government budget.

The average monthly wage during 1H 2020 was €547 (102% compared to 1H of 2019).

Expenditures on socially responsible programs reached €30,000 during 1H of 2020 (the same amount as in 1H 2019). The Bucim mine provided financial support for the development of young musical talents and athletes, cultural programs, schools, kindergartens, sports clubs and healthcare institutions.

In addition, in order to support North Macedonia’s fight against Covid-19, Bucim donated €40,000 to the special donor account the Ministry of Health, €10,000 to the local health centers in the municipalities of Radovish, Shtip and Strumica, and €5,000 to the Red Cross of Radovish to support socially disadvantaged families from the municipalities of Radovish and Konce in order to help them better cope with the new reality caused by the Covid-19 outbreak. In addition to the financial assistance, the mine donated 650 medical protective masks for the needs of the local institutions in the municipality of Radovish and 150 protective suits to the Clinical Hospital in Stip.

During 1H 2020, €66,000 were invested in occupational safety and health (87% vs. 1H 2019) including the cost of employee PPE, hygiene products, certification of technical equipment, technical inspections of equipment, fire prevention measures, employee medical examinations, purchases of safety materials, staff training, and measurement of microclimate conditions in the workplace.

During the first half of 2020, in order to manage the threat of coronavirus, the mine took a series of increased measures to protect the health and safety of its employees. The precautions are fully observed, and personal hygiene and protective products are regularly procured. €7,271 were spent for the purchase of hygiene items, protective masks and gloves during the first half of 2020.

The costs for repairs and maintenance of technological equipment in the first half of 2020 amounted to €1.6 million (94% vs. 1H of 2019). This includes overhauls of the flotation plant and ongoing maintenance performed on the leaching plant and surface pit.

During 1H 2020, investments to support production capacity (procurement of equipment, machinery, construction, etc.) reached €502,000 (134% vs. 1H 2019).

A total of €52,400 were invested (175% vs. 1H 2019) in environmental protection programs, such as re-cultivation of the dam of the tailing dump in the required area, environmental monitoring services – including both surface and groundwater, atmospheric air, environmental noise, industrial emissions and discharges, and waste management services, as well as environmental third party audits and assessments. During 1H 2020, Bucim successfully passed all of its inspections by the state environmental authorities. 

During the first half of this year, Bucim confirmed its compliance with international ISO standards by successfully passing an internal annual audit to confirm the company’s compliance with the international ISO standards 9001, 14001, and 45001. The auditors confirmed that there was no disagreement nor any non-compliance with the requirements of these standards, and that the mine operates consciously and responsibly in accordance with international best practices.

The copper mine Bucim DOO Radovish marked 1H 2020 with the completion of exploitation of the mineral resources from the Chukar 2 ore body, in accordance with Bucim’s annual production plan. During 2H 2020, in order to ensure continuity in the production process and optimal utilization of the copper ore in Bucim, mineral raw materials will be exploited from the North-East 2 ore body which contains proven other quantities of mineral reserves. The ore reserves from the North-East 2 ore body will ensure the exploitation and processing of mineral resources and the smooth operation of the Bucim mine until the start of production at the Borov Dol mine.

Borov Dol’s development

During 1H 2020, the company focused entirely on meeting its targets for launching production at Borov Dol, which will extend the life of the existing Bucim project.

The situation arising from Covid-19 resulted in a change to the construction schedule for the facilities, and a delay to the planned start of the production at Borov Dol. In the schedule for the construction of the main technological facilities, there has been a delay of three months. This is due to the restrictions imposed during 1H 2020 (introduction of a curfew, restrictions on movement, self-isolation of workers and closed borders for foreign equipment suppliers). Given the current state and dynamics of construction, the Borov Dol mine plans to start production in December 2020.

During the reporting period, the Borov Dol mine continued with construction of the main technological facilities and started with construction of the infrastructure facilities. These were realized in the following volumes: conveyor line – 70%; power lines of 20 kV – 95%; primary crushing facility and a closed ore warehouse – 90%; infrastructure facilities – 35% .

Total investments in the Borov Dol project during 1H of 2020 reached €15.3 million (compared to €8.1 million during 1H 2019).

During 1H 2020, Borov Dol invested a total of €7.2 million in purchases of necessary equipment (compared to €2.5 million during 1H 2019), €2.1 million for construction work, and €4.9 million for excavation of the ore body (compared to €5.2 million during 1H 2019).

During the first half of 2020, Borov Dol continued with earth excavation work, during which 4.6 million tons of rock material were excavated (compared to 6.6 million tons in 1H 2019).

During 1H 2020, Borov Dol invested €119,200 in the areas of occupational safety and health, environmental protection initiatives, and socially responsible practices. Borov Dol provided financial support for cultural and historical initiatives and development of infrastructure projects in the local municipalities of Radovish and Konce.  In addition to regular environmental monitoring and biodiversity monitoring, Borov Dol placed bird nests around the concession area to preserve biodiversity in the local area. Preparation of documentation for submitting an application for obtaining an A-integrated environmental permit has begun.

During 1H 2020, Borov Dol paid an average monthly gross salary paid per employee of €1,069 (an increase of 5.8% vs. 1H 2019).

As constructive partners of their local communities, the mines strive to actively contribute towards the fight against the Covid-19 virus. DPTU Bucim DOO Radovish donated vehicle disinfection systems to PE Plavaja – Radovish. DPTU Borov Dol DOOEL Radovish donated protective masks and antiseptics to the Municipal Red Cross – Radovish. These materials will be used for preventive measures for the inhabitants of the Konce and Radovish municipalities.

These donations aim to provide additional protection for local residents and reduce the risk of spread of the virus in the municipalities of Radovish and Konce. Vehicle disinfection systems will be installed at both entrances of the city of Radovish, as additional precautions to limit exposure to the virus. Protective masks and antiseptics will be distributed to the inhabitants of Konce and Radovish. These will be distributed by Municipal Red Cross – Radovish to families in need. 

Since the beginning of the pandemic, the Bucim and Borov Dol mines have taken increased precautions to protect the health of all of their employees while ensuring business continuity. The mines have fully implemented the measures and recommendations of the World Health Organization, the ministry of health, and the government of North Macedonia. In order to reduce the risk of exposure, the cabins of technical vehicles, equipment, buses and work premises are regularly disinfected and all employees are provided on a regular basis with antiseptics and protective face masks. In addition, a limited entry system was introduced for external collaborators and visitors. Employees with children up to the age of 10 and employees with chronic diseases have been relieved of their work responsibilities. All events and meetings have been canceled and the restaurant’s dining schedule was altered in order to avoid gatherings large numbers of people in one place at one time.

Bucim and Borov Dol are pleased to report that to date there has not been a single case of Covid-19 has been reported amongst their employees.

“The company’s actions are carried out in accordance with all recommendations. Our employees are provided with a safe working environment with all available precautions. In dealing with one of the largest ever global health crises, the Covid-19 pandemic, cooperation is essential. We recognize the importance of supporting and cooperating with our local communities, particularly in such extraordinary circumstances. We are focused on contributing to the preservation of the health and safety of our employees and local residents to jointly overcoming the challenges presented by the coronavirus pandemic,” explained Nikoljaco Nikolov, Deputy General Manager of Bucim.

“In Borov Dol, all protective measures have been taken. Our work has been reorganized in accordance with all necessary precautions in order to protect the health of our employees and to maintain the continuity of our operations. We also take equal care for the local community in which we operate. The concern for society is deeply rooted in our work, especially in these newly challenging times fighting the Covid-19 virus,” added Pavlo Krivinsky, General Manager of Borov Dol.

The copper mine Bucim DOO Radovish marked the first half of 2020 with completion of exploitation of the mineral resources from the Chukar 2 ore body, in accordance with its annual production plan.

During the month of July, there will be a planned slowdown of the production process in the Bucim mine so that construction work may be performed to build the conveyor belt that will connect the Borov Dol and Bucim mines. During the time of suspension of production, about 40 employees will be put on leave in July, but they will still receive 70% of their full salaries, certainly in previous agreement with them. This month will be also used for planned regular overhaul of the flotation plant. From 1 July to 1 August, activities will be carried out for necessary, ongoing repairs of the flotation plant and in parallel, preparations will also be made for further exploitation of copper ore from the North-East 2 ore body.

Based on detailed geological research performed previously, it has been proven that there are other quantities of mineral reserves identified in the North-East 2 ore body. This will ensure the exploitation and processing of mineral resources and smooth operations of the Bucim mine.

“The explored mineral reserves will enable the continuous production process in the mine through the end of 2020. We will use the upcoming period for intensive preparation for the exploitation of mineral resources from the North-East 2 ore body which will ensure continuity in the production process and optimal utilization of the copper ore in Bucim, ” said Nikoljacho Nikolov, Deputy General Manager of Bucim.

The Borov Dol copper mine is a socially and ecologically responsible company that strives to take measures to reduce the impact of its operations on the environment. The company prioritizes sustainable development, including the rational use of natural resources, environmental protection, and conservation of biodiversity.

Borov Dol is committed to preserving biodiversity in its concession area surrounding the mine.

On June 23-24, 2020, special birdhouses (artificial nests) were installed around the Borov Dol concession area. This measure will help overcome underlying causes of biodiversity loss or possible changes to the birds’ nesting territories.

Artificial nests, as one of the compensatory measures, were placed at ten locations around the mine’s concession area. The nests were installed on medium and low-voltage transmission lines by the expert team of EVN Macedonia in the villages of Novo Selo and Brest, in the settlement Damjan near the building of the old Damjan mine, and on the fields between Damjan and the Shtip-Strumica regional road.

“Our company strives to sustainably use natural resources, taking appropriate actions with the aid of applicable technologies. By carrying out this activity, we strive to preserve biodiversity in the surrounding area and improve the ecological conditions around the Borov Dol mine,” said Pavel Krivinsky, General Manager of Borov Dol.

Bucim DOO Radovish, the only copper and gold mine in North Macedonia, has successfully passed an internal annual audit to confirm the company’s compliance with the international ISO standards 9001, 14001, 45001.

The audit was conducted in May 2020 by the certification body TÜV NORD CERT. The company’s inspectors evaluated Bucim’s performance in following the ISO management standards for quality, occupational health and safety at work, and the environment. 

In their report, the auditors confirmed that there was no disagreement nor any non-compliance with the requirements of the standards, and that the mine operates consciously and responsibly, in accordance with international leading standards.

To ensure continuous improvement, as well to meet the requirements of ISO 9001: 2015, ISO 14001: 2015 and ISO 45001: 2018, the mine strictly adheres to and monitors its compliance with these standards. Internal and external auditors are performed regularly to verify operations in line with these international standards.

“The mine uses the ISO standards to incorporate global best practices into its production operations. We regularly audit our operations for quality, safety and health systems at work, and the environment. We are committed to adhering to the ISO standards and are constantly striving to improve our operations,” commented Nikolajcho Nikolov, Deputy General Director of Bucim DOO Radovish.

In order to accelerate further improvement of the environmental conditions around the Bucim mine, the lowland slope of Bucim mine’s TSF tailing dam, Topolnica, was successfully afforested between 27 April and 11 May 2020.

During this first stage of afforestation, a total of 900 Acacia seedlings and 470 Arizona Cypress seedlings were planted. This is an important first step towards the biological reclamation of  Bucim mine’s TSF tailing dam which covers an area of ​​11,000 m². The seedlings planted stabilize the ground surface, prevent dust emissions, refine the surface, purify the air and improve microclimatic conditions.

Tree planting is an ongoing activity and is carried out regularly every year. By the end of 2020, according to the annual program for afforestation of the lowland slope, another 2,000 Acacia seedlings and 1,000 Arizona Cypress seedlings will be planted on an area of ​​30,000 m².

“Afforestation on the lowland slope of the TSF tailing dam is an ongoing activity that we perform every year in order to maintain and increase the forests and green areas near the mine. Environmental protection is an important aspect of our work and we try to reduce the impact on the environment through all of our activities,” explained Nikolajcho Nikolov, Deputy General Manager of Bucim.

The holiday, “May 7 – Day of the Macedonian Police”, was marked by laying flowers at the monuments to fallen defenders in Radovish and Strumica. Police officers also presented certificates of gratitude to local companies which helped the police in their implementation of protective measures against Covid-19.

As a sign of gratitude for its special contribution and support of the work of the police, SIA-Strumica thanked the Bucim mine for its ongoing cooperation and continuous support of the police in dealing with and overcoming the consequences of the Covid-19 pandemic. The certificate of gratitude was presented to Bucim DOO Radovish’s Deputy General Director, Nikoljacho Nikolov.

“I congratulate all members of the Ministry of Interior on the holiday of the Macedonian police on May 7. In this extremely important period in the fight against the pandemic, we as a socially responsible company are trying our best to help manage this crisis together,” added Nikolajcho Nikolov, Deputy General Director of Bucim DOO Radovish.

Yesterday, a working meeting was held on the premises of the Municipality of Radovish with the Deputy General Director of Bucim, Nikolajcho Nikolov, General Manager of Borov Dol, Pavel Krivinsky, the mayor of Radovish, Gerasim Konzulov, President of the Council of Radovish, Kole Charakchiev, and representatives of the Association of Architects and Construction Workers “Gardikon” – Radovish.

The opening of the Borov Dol mine will allow for copper ore mining to continue until at least 2030. It will provide for continued operation of existing facilities at the Bucim mine, the preservation of jobs for most Bucim employees, and the possibility of new jobs – instead of simply closing the 40-year-old Bucim mine, which is currently in the process of shutting down its mining operations.

The company’s strategy is to ensure a smooth and sustainable transition to mining at Borov Dol, preserving the jobs of most of the employees currently engaged in Bucim’s operations, and also creating new job opportunities for the residents of the neighboring municipalities.

At the working meeting, cooperation between the local construction companies from Radovish and Borov Dol was discussed. The new mine will continue the work of the Bucim mine, a socially and ecologically responsible enterprise that contributes to the sustainable development of its local communities. The Borov Dol and Bucim mines are fully supported by their international parent company, Solway Investment Group, which is committed to having a strong positive impact on the communities in which it operates.

“Our role as a socially responsible enterprise applies to all aspects of our business behavior. We understand and integrate social factors into our decision-making process at all stages of our activities. Bucim has a strong focus on local community relations and sustainable development,” added Nikolajcho Nikolov, Deputy General Director of Bucim.

“Sustainable and socially responsible operations, involvement of the local community, and care for the environment and occupational safety and health are all key to our operations. We recognize the needs of the local communities. Our responsibility to society is at the same time also a responsibility to the company in the long run,” commented Pavel Krivinsky, General Manager of Borov Dol.

Financial assistance in the amount of €5,000 was donated to the Red Cross of Radovish. These funds will use used to support socially disadvantaged families from the municipalities of Radovish and Konce in order to help them better cope with the new reality caused by the COVID-19 outbreak.

The donated funds will be used to prepare packages with basic products: including food products, personal hygiene products, and disinfectants. The Red Cross of Radovish will deliver these packages to the most socially disadvantaged families living in Radovish and Konce.

“We at Bucim are continuing our socially responsible activities that are a very important part of our work. It is our obligation, during this difficult period for everyone, to behave responsibly towards the society in which we work and to help those most in need. Bucim strives to make its own contribution towards addressing the impact of the coronavirus,” commented Nikolajcho Nikolov, Deputy General Manager of Bucim.