Romania’s tax authority ANAF disputed the transaction by which Mineco took over Moldomin in 2011.
Caras-Severin-based Moldomin holds 30% of Romania’s copper reserves, while the rest is owned by Cupru Min.
Swiss company Mineco AG, owner of copper producer Moldomin Moldova Noua, plans to resume exploitation operations, stated Sorin Gaman, deputy general manager in Mineral Resources Department of the Economy Ministry.