MINING
22 articole · RSS
Rosia Montana Gold Exploitation Set To Start In November 2016-Draft
Canada’s Gabriel Resources will start exploiting gold reserves in Rosia Montana, western Romania, in November 2016, as the area’s urban plan should be approved by the end of this year, and R...
Romania Raises Annual Mining Fees By 28%
Romania’s government has raised annual fees for mining activities, including prospecting, exploration and exploitation, by 28%.
Romania To Grant RON163M Aid For Coal Mine Closure Scheme
Romania will disburse extra 163 million lei (EUR36.8 million) for state-run coal mining company Compania Nationala a Huilei (CNH), part of a financing package to be used in a restructuring p...
Carpathian Gold Mulls Opening Three Gold, Copper Exploitations W Romania
Samax Romania, part of Canadian group Carpathian Gold, aims to open three gold and copper exploitations in the western Hunedoara county, which are expected to generate up to $1.2 billion inv...
Rosia Montana Corp. Says Mining License Agreement Classified Under Romanian Law
Rosia Montana Gold Corporation (RMGC), the joint venture between Romania and Canadian Gabriel Resources, which is developing the Rosia Montana gold mining project said its license agreement...
Basescu: Mining Revival Is Only Option For New Jobs
President Traian Basescu said Tuesday that Romania has no further options to create jobs, unless it responsibly considers a new start to mining, made attractive by the evolution in the forei...
Basescu Urges Lawmakers To Look To Mining Projects To Create Jobs
Romanian President Traian Basescu told lawmakers Wednesday to pay more attention to job creation and look to profitable mining projects, adding it is not his job to discuss commercial detail...
Romania Might Raise Royalties On Gold, Silver, Platinum Mining To 8%
Romania's Government might double the royalties on gold, silver and platinum extraction, from 4% to 8% of the value of production, and increase royalties on other mineral products, such as c...
Boc Assures Laid Off Miners They Will Receive Severance Pay
Romania's Government will find ways to pay severance for laid off miners, until the European Union approves state aid for these units, Prime Minister Emil Boc said Sunday on the public TV st...