The mining industry in Bulgaria: Over 119 million tons of mined minerals and BGN 4.2 billion production in 2023
The mining industry in Bulgaria remains a key sector for the country's economy, with mineral extraction reaching 119.8 million tonnes in 2023, although this is a 5% drop compared to the previous year. The total net value of the production in the sector is BGN 4.2 billion, marking a decrease of 4% on an annual basis. The main factor for this is the serious drop in the production of lignite coal - 41%, which is the lowest level for the last decades. The average annual salary in the mining industry reaches BGN 33 thousand, with a 15% growth compared to 2022. These data were presented at the national celebration of Miner's Day, which took place on August 18 in Sofia, by the chairman of the Bulgarian Chamber of Mining and Geology (BCMG) Eng. Dragomir Draganov.
He noted that Bulgaria continues to occupy leading positions in Europe in copper, gold and lignite mining. Against the background of these achievements, the green transition of the European Union poses new challenges to the mining industry in Bulgaria. According to Eng.Draganov, this process requires significant investment and stability in the political and business environment for the sector to respond to the increased demand for raw materials. The European goals for sustainable development require new studies and an adequate regulatory framework that does not put Bulgarian companies at a disadvantage compared to their competitors from other parts of the world.
Deputy Minister of Energy Krasimir Nenov also emphasized the need to diversify supplies in accordance with environmental requirements, emphasizing the role of sustainable value-added chains in achieving real competitiveness.
During the event, the annual awards of BCMG were presented, which recognized the achievements of companies from the mining industry in Bulgaria. The mining sector continues to play a key role in the Bulgarian economy, adapting to new challenges and preparing for the future, despite the difficulties associated with the depletion of deposits and the need for new concessions.