Local Management Team in Chelopech

Iliya Garkov , , PhD , , Vice President and Managing Director, Bulgaria

With over 30 years of international mining experience in Bulgaria, Australia and Armenia and several leadership roles within Dundee Precious Metals, Iliya Garkov continues to drive innovation. Rising through the ranks Iliya continues to consistently make significant contributions that bring the operations he manages world-class recognition. As Vice President and Managing Director for Bulgaria, accountable for both Chelopech and Krumovgrad, Iliya’s focus has been to maximize operational efficiency by providing the required management support and developing high performance teams. While inspiring the implementation of human capital best practices Iliya also brings safety culture to the forefront.

Succeeding to make prominent changes to the mining methods and the organisation culture, he brought the Chelopech mine to the forefront of the global mining industry. By continuously encouraging transformation and raising operational efficiency and safety awareness levels, Iliya ensures Chelopech stays ahead of the tech curve. The mine became the first to collaborate and apply in-practice a fully-autonomous aerial robot underground.

Iliya Garkov’s role as Vice President and General Manager of Dundee Precious Metals Krumovgrad was instrumental in 2013 when Dundee Precious Metals’ second project in Bulgaria was struggling to progress. His understanding of the social and cultural environment in Krumovgrad solidified important stakeholder relationships and helped accelerate the approval process for multiple project permits. This made it possible for the Ada Tepe mine in Krumovgrad to become the first successful green mine developed over the last 40 years in Bulgaria and begin commercial production in 2019.

Tsvetomir Velkov , , , Operations Director Dundee Precious Metals Chelopech EAD

Tsvetomir Velkov's career development can be described as dynamic and changing. He started work at Chelopech as an intern while he was a student at St. Ivan Rilsky University of Mining and Geology and then moved to the permanent position of Geotechnical Engineer in 2001. In 2005 he was nominated and honoured with the Mining Journal's Outstanding Achievement Awards – Young Achiever of the Year in Mining Industry.

After 2005, Tsvelomir Velkov took different roles - from Senior Geotechnical Engineer through Mine Superintendent and Technical Services Manager. In 2015, he assumed the role of Production Manager and in 2016 - the role of Operations Manager. Tsvetomir is also the author of a number of geotechnical and mining articles in mining magazines. Member of the International Society for Rock Mechanic (ISRM) since 2013.

Irena Tsakova , , , Director Permitting and Legal

Dundee Precious Metals Chelopech EAD and Dundee Precious Metals Krumovgrad EAD

Irena has Master Degrees in Chemical Engineering and in Environmental Monitoring, Control and Health. She has risen through the ranks of Canada-based Dundee Precious Metals’ operations in Bulgaria, from environmental supervision and management, to directing the EHSS team in Chelopech. As Operations Director she has lead the way for Dundee’s green gold mine project in Krumovgrad through a challenging permitting process, comprehensive and demanding ESIA development, and foremost the complex stakeholder relations in the area. She has done this with great aplomb and energy to now be able to be part of Bulgaria’s new gold mine over the last 40 years.

Open and warm in her manners she deals extraordinarily well with conflict, all the while being very responsive to lenders and other institutional stakeholders. She has put together an able team of local staff to help her in her current role as Director Permitting and Legal, encompassing Community Relations, Communications and stakeholder engagement.

Irena is a focused and experienced professional with excellent communication and negotiation skills, coupled with good project management skills, outstanding people management, conflict resolution competences, who has proven to be able to build and maintain strategic alliances. She has been recognised as one of the inspirational women in mining and a great role model for women in the industry and in Bulgaria.

Konstantina Gradeva-Vasileva , , , Director Sustainable Business Development

Dundee Precious Metals Chelopech EAD and Dundee Precious Metals Krumovgrad EAD

Konstantina joined Dundee Precious Metals Chelopech in March 2004 as an environmental engineer. Quickly gaining experience, she gradually expanded her responsibilities to take on the role of Manager Environmental Protection in 2009. With sound knowledge of the legislative regulations, broad understanding of environmental requirements and best practices in the mining industry, under Konstantina’s management the team expanded the monitoring programme of environmental components, developed and implemented a number of environmental projects to achieve better environmental performance and reduce the impact from mining activities.

Since 2012 Konstantina is Director Health, Safety, Environment and Community Relations. Besides the improvements in the environmental sphere, Konstantina managed to introduce improvements in the field of safety, as well as enhance the communication with the company stakeholders. From 2015 in Konstantina’s responsibilities include the biggest company CSR project – the company-owned English language school, as well as the security on the mine site. Currently Konstantina is responsible for environmental, health and safety and security programmes at both Dundee Precious Metals assets – the Chelopech underground mine and Krumovgrad Ada tepe mine.

Konstantina is a graduate of the St. Ivan Rilski Mining and Geology University in Sofia, and is a Master in Engineering Geoecology. She specialized in International Economic Relations at the same university, and furthered her qualifications in the Mining Public Administration at the Paris Mining Academy.

Her professional development began at the Technical University of Sofia as an expert in the Environmental Technology and Management Research Laboratory. Prior to joining Dundee Precious Metals Chelopech she worked for the „Agriculture “State Fund, and the Ministry of Economy.

Gergana Yanakieva , , , Director Human Resources and Administration

Dundee Precious Metals Chelopech EAD and Dundee Precious Metals Krumovgrad EAD

Gergana Yanakieva joined Dundee Precious Metals as HR Manager for Krumovgrad in 2012. Her joining the team coincided with a period of significant business transformations and changes that directly impacted a number of people. Oriented to results, she successfully expanded her scope of duties within the company and consistently brought about novelties in the field of human capital management.

Gergana had a leading role in integrating the shared services approach in the company to make sure both DPM operations in Chelopech and Krumovgrad run smoothly. Responsive to the business needs she handled the processes of preliminary assessment and ensured all functions’ requirements across the organisation are met to allow structural cohesion. Following a comprehensive approach to introducing System Leadership and Working Together Dundee Precious Metals in Bulgaria developed as a place where people are motivated to do their best.

A major cornerstone in Gergana’s career was the mobilization of the operations team for Dundee greenfield mine Ada tepe in Krumovgrad. In a structured way and aligned with all the departments she managed to successfully plan the needs, assess, hire and train the staff 90% of which was never involved in the heavy industry.

Gergana has a degree in Business Administration and Organizational Development from the University of Sofia. She has vast HR management experience from consultancy and industrial companies.

Tsvetanka Karaivanova , , , Commercial Director

Dundee Precious Metals Chelopech EAD and Dundee Precious Metals Krumovgrad EAD

Tsvetanka Karaivanova is the Commercial director of the Bulgarian companies of Dundee Precious Metals in both Chelopech and Krumovgrad. She started her career at the mining company and through the years has held various positions within the finance and accounting department. In 2011 she headed the team of the Finance department and in 2013 became the Commercial director of the company.

Tsetska graduated from the Sofia university St. Kliment Ohridski with a master’s degree in Economics. She also holds a diploma in Financial Management from the Association of Chartered Certified Accountants.

Read Story

Learn more about Chelopech

Read Story

Learn more about Ada Tepe

Read Story

Learn more about Tsumeb

Stock Quote: TSE

Price 8.18

Change +0.00

Volume 460,499

% Change +0%

Intraday High 8.26

52 Week High 10.78

Intraday Low 8.10

52 Week Low 5.86

Today's Open 8.15

Previous Close 8.18

10/03/2023 04:00 PM ET Pricing delayed 20 minutes
: 1,822.79 ?-5.67


Back to top