Mundoro is a Canadian company focused on exploration, development and investment in copper and gold. Over the last 20 years of exploration, Mundoro has pursued strong governance coupled with environmental and social standards within all jurisdictions in which it operates
We support health care and education systems, and promote the preservation of local traditions and cultural heritage for future generations to come ~ says Teo Dechev proudly.
Could you tell us more about your operations around this region? How many licenses do you possess in Serbia?
– Mundoro is a publicly listed royalty generator on the TSX-V in Canada (MUN) and the OTCQB in the U.S. (MUNMF), with a portfolio of mineral properties focused primarily on base metals.

The portfolio of mineral properties is currently focused predominately on copper and gold porphyry systems in two mineral districts: the Western Tethyan Belt in Eastern Europe (Serbia and Bulgaria) and the Laramide Belt in the southwest U.S. (Arizona and New Mexico).
Mundoro has partnered with major mining operators, such as Vale Inc (a Brazil-based international mining conglomerate) and Japanese Oil and Gas Metal Economics Corporation (JOGMEC – an investment arm of the Japanese government in international mineral resources), who fund the exploration programs, with Mundoro operating those exploration programs. In Serbia, Mundoro is operating six properties for Vale and one property for JOGMEC. In the past, Mundoro has had similar exploration partnerships with Freeport McMorran (a U.S.- based international mining conglomerate) and First Quantum Minerals (a Canada-based international mining conglomerate).
In Serbia, Mundoro is operating six properties for Vale and one for JOGMEC
Do you devote great attention to protecting and preserving the environment, respecting all laws and regulations, during all phases of your research and exploration activities; do you operate in accordance with the world’s best practices?
– Our guiding principles during all stages of exploration activities are concentrated on the protection and conservation of the land and wildlife. We follow all legal regulations of the countries where we operate and the world’s best practices. We adhere to standards to protect wildlife and plant life in the surrounding habitat, restore the landscape post exploration, work with drilling contractors to minimize emissions and work with certified independent labs.
Mundoro is committed to remaining engaged with the communities in the areas around our projects, in order for us to work cooperatively towards the discovery and responsible development of new deposits and mines. We support health care and education systems, and promote the preservation of local traditions and cultural heritage for future generations to come.
Over the last 20 years of exploration, Mundoro has pursued strong governance coupled with environmental and social standards within all the jurisdictions in which we operate, building relationships on the basis of trust and respect, and working with local communities and partners to create positive engagement and new opportunities.