We are a Bulgarian company with the main business activity - exploration, mining and processing of metallic minerals.
On 18 October 2023 a change was registered in the batch of "Trace Resources" Ltd, UIC 175085154 in the Commercial Register and the Register of Non-Profit Legal Entities, changing the name of the trader. As of that date, Trace Resources Ltd. has been operating under the name Breznik Minerals Ltd.
Since May 7, 2012 the company is 100% owned by the largest Bulgarian company for open pit mining and enrichment of copper ores - "Asarel-Medet" JSC - Panagyurishte. As a young team, we draw professional experience from the leader in Bulgarian ore mining "Asarel-Medet" AD and follow its good traditions. We fully share the motto of the parent company "From Nature to people, from people to Nature" and its motto: "To start first means to be on time".
The Breznik project of Breznik Minerals Ltd. is the first investment of Asarel-Medet AD in mining activities outside the municipality of Panagyurishte. Pursuant to the Concession Agreement of 2016, the company implemented a project for the extraction of metallic minerals from the deposit "Milin Kamak" in the land of the town of Breznik.