Everything about Krumovgrad totally explained
Krumovgrad () is a town in
Kardzhali Province in the very south of
Bulgaria, located in the
Eastern Rhodopes on the banks of the river
Krumovitsa. The majority of its population consists of
ethnic Turks. The town is named after the successful medieval Bulgarian ruler
Krum, the name meaning 'city of Krum' in Bulgarian.
Municipality
Krumovgrad is also the seat of Krumovgrad municipality (part of Kardzhali Province), which includes the following 78 villages:
Investment potential
Systematic exploration had been underway in the region for over four years and preliminary drilling results indicated outstanding potential for gold mineralization in the Kardzhali province. The feasibility study show good opportunities for open-pit mining with annual production in the range of 130 - 150 thousand ounces of gold.
Further Information
Get more info on 'Krumovgrad'.
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