The mine and the processing factory are situated at 11 km to the northwest of the town of Panagyurishte in the Pazardzhik Province, Bulgaria.

In addition, the company attracts 6,400 indirect jobs in the region and nationwide in different related services.

It was the first to organize open pit mining and processing of copper ores with cut-off grade lower than 0.4 %, which was later widely applied in the industry.

[3] The full design mining capacity of 8 million tons of copper ore per year was reached by 1972.

[4] In 2004 began the implementation of a large-scale $100 million project with investment in thorough equipment renovation, technology modernisation and personnel development.