Success from 2005 onwards
Bucim is the largest open-pit copper mine in Macedonia, located in the southeastern part of the country, about 130 km from the capital of Skopje. Although the mine has been operational since 1978, it closed for a short time after being privatized in 2000. In 2005, the Russian company Soleway purchased the mine and has turned it into one of the most successful companies today in Macedonia, operating at an outstanding 98% efficiency in overall equipment effectiveness.
The copper concentrate from the mine is of high quality without significant impurities, and is therefore sought after by European smelters. The mine produces 4.5 million tonnes of ore per year with an annual capacity of 2,000 tonnes of cathode copper.