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MINING

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Vast Resources Invests In Doubling Production Capacity Of Manaila Mining Operation
Energy

Vast Resources Invests In Doubling Production Capacity Of Manaila Mining Operation

UK-based mining company Vast Resources announced it started the works to double production capacity at the Manaila mining operation in Suceava county, and the works to modernize the infrastructure of Baita Plai mining operation in the Apuseni Mountains, Transy...

Gabriela Stan · 21.03.2016 · 16:06 · 1 min
Energy Ministry Sets Up Mining Coordination Committee
Energy

Energy Ministry Sets Up Mining Coordination Committee

Romanian Energy Ministry announced on Friday the setup of the mining coordination committee, in charge with assessing the sector of energy mineral resources – coal and uranium – and proposin...

Gabriela Stan · 11.03.2016 · 17:43 · 1 min
Mine Conservation Works Require RON42M This Year
Energy

Mine Conservation Works Require RON42M This Year

Works to conserve and close mines in Romania will require an estimated RON42 million (EUR9.45 million) this year.

Oana Gavrila · 21.07.2015 · 13:42 · 1 min
Social/Politics

NGO Warns Rovina Project Is The New Rosia Montana

Mining Watch Romania condemns the Romanian government for granting the exploitation license for copper and gold at the Rovina deposit, saying the project follows a new Rosia Montana scenario...

Oana Gavrila · 28.05.2015 · 16:44 · 2 min
Romania To Raise Mining Taxes By Up To 6.7%
Energy

Romania To Raise Mining Taxes By Up To 6.7%

Romania's Government will raise mining taxes by up to 6.7%, less than a year since the last tax hike, and estimates to rake in an extra RON630,000.

Oana Gavrila · 25.04.2014 · 17:24 · 1 min
Romania Should Urgently Adopt New Mining Law To Allow Reopening Of Mines
Social/Politics

Romania Should Urgently Adopt New Mining Law To Allow Reopening Of Mines

Many of Romania's underground resources are trapped in closed mines which should be reopened, said Mineral Resources Agency director Sorin Gaman, adding a new mining law should be adopted wi...

Oana Gavrila · 10.04.2014 · 12:33 · 1 min
RMGC Head: Romania May Produce More Gold Than Entire Europe
Social/Politics

RMGC Head: Romania May Produce More Gold Than Entire Europe

Romania will extract more gold than all European countries taken together if the gold mining project in Rosia Montana (W) is pushed on with, Dragos Tanase, the general manger of the Rosia Mo...

Ioana Tudor · 03.10.2013 · 15:49 · 1 min
Unless Romania Invests In New Uranium Mine, Nuclear Power Station Will Run On Imports
Energy

Unless Romania Invests In New Uranium Mine, Nuclear Power Station Will Run On Imports

Romania needs to invest in a new uranium mine in central Romania if the country wants to use internally-made, cheaper uranium for its nuclear power plant at Cernavoda. Otherwise Romania will...

Oana Gavrila · 27.09.2013 · 08:20 · 4 min
SIF Moldova Loses Some RON9M On Gabriel Resources Stock
Capital Market

SIF Moldova Loses Some RON9M On Gabriel Resources Stock

Regional investment fund SIF Moldova (SIF2.RO) has invested about 12 million lei (EUR2.7 million) in the shares of Canada-based Gabriel Resources expecting its gold mining project in Rosia M...

Tudor Ioana Raluca · 11.09.2013 · 00:00 · 3 min