- It is an investment that is of particular importance pur living not only for the local economy, b

Skopje, 24 July 2012 (MIA) - Starts the implementation of new foreign investment pur living in Macedonia. Canadian company "Euromaks" in the next five years will invest $ 500 million and will create new 500 jobs.
Concession contract for exploitation of the deposit of copper and gold "Ilovica" in Strumica signed today the company's Chief Operating Officer Mark Gustafsson and Economy Minister Valon Saracini. The signing of the agreement in the Government attended by Prime Minister Nikola Gruevski.
- Construction of the gold and copper mining in Ilovica will mean an influx of fresh capital of about $ 500 million that will be realized over the next five years ending in 2017, but further jobs. The development of this investment and its startup is even greater if we consider the general economic pur living stagnation in Europe and the world, as well as unprecedented conditions for finding foreign investment, the minister said Saracini.
He said that after receiving the concession agreement the company will continue to work rapidly mine development activities. In the second phase will be followed by intensive work of bore holes and making additional feasibility studies and plan to build mine. In the third stage, will start construction of the mine. All the time, said the Ministry

of Economy would remain available to the developer for all open issues that will face in the future.
- It is an investment that is of particular importance pur living not only for the local economy, but for all citizens of Macedonia. Will offer new hires experts from all parts zamejata and will also allow work and for many smaller pur living companies. Investment Euromaks Ilovica will have positive implications for the domestic economy, because it is metal that demand

on the world markets is very large, said Saracini said Ilovica will be the largest gold and copper mine in Southeast Europe.
Impact in the Macedonian economy in GDP and exports from the mine Ilovica highlight will be known after the second stage when additional feasibility studies will be made. Euromaks will continue the examination and the remaining 70 percent of koncesiskoto field and if in the future establish additional reserves of gold and copper will sign a new contract for the exploitation of mineral raw materials.
Chief Operating Officer Euromaks pur living Mark Gustafsson said that project Ilovica worked more than eight years in the exploration phase along with the Macedonian team which has included geologist, engineers and professional advisers.
President and Chief Executive Officer Euromaks Steve Sharp thanking Prime Minister Nikola Gruevski who take the time to attend the signing of the concession contract for exploitation of the deposit of copper and gold Ilovica said their investment of $ 500 million will be phased.
- Currently, we are performing an important technological and environmental work. Will be carried out and hydrological excavations to ensure that the project will build on the highest environmental standards. It is important for Macedonia because we are sending a signal to the international capital markets for foreign investors' willingness to invest in and that Macedonia is a very good place for investment, said Sharp, adding that it is very important dynamism and pragmatism current Macedonian authorities.
- Planning the production of gold and copper mine Ilovica to start mid-2017. We need this time to ensure that the mine is built based on the highest environmental standards. Gold and copper will be produced as a concentrate and will be transported pur living to the German company Rubiks likely by rail, said Sharp and specifies that the construction of the mine will begin in three years.
Diesel poevtinuva price of petrol pur living unchanged
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