MINING
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Romania Might Raise Stake In Rosia Montana If It Adopts Laws Supporting Mining Cos
The Romanian Government is in negotiations with Canadian company Gabriel Resources to increase its stake in Rosia Montana Gold Corporation (RMGC) from 19.3% to 22.5%.
Economy Minister Requests Speedier EU Approval Of State Aid Measures
Romanian Economy Minister Ion Ariton met Monday with European Commission Vice-President Joaquin Almunia, asking him to hurry the technical procedures on the granting of state aid to mining c...
Rosia Montana Residents Call For Development Of Gold Mining Project
Over 400 locals and miners in Rosia Montana, western Romania, assembled Friday in the center of the commune calling for the development of the gold mining project planned for the area and pr...
Romania To Fire Over 4,300 Miners By 2018, In Sector Overhaul
Romanian national hard coal company CNH will dismiss 3,300 employees by 2018, while the national lignite company SNLO plans to dismiss 1,000 in the next few years, under Romania’s mining sec...