Government includes Rosia Montana project in its investment plan

From Romania-Insider.Com

The much debated and so far controversial investment in the Rosia Montana gold mining project has been included in the Romanian Government’s investment plan and negotiations for the gold mining project investment should be finalized by September. “We would like to advance with unblocking this project, but the decision belongs to the Parliament,” said Romanian Prime Minister Victor Ponta. Work on the gold mining project will only start if the Romanian Parliament will approve the draft law which will be submitted by the Government.

The Rosia Montana gold mining project, which has been widely opposed in Romania, has been blocked for several years because of the environment protection disputes. However, in the recent investments plan launched by the Romanian Government on Thursday, July 11, the gold mining project was introduced and presented as ‘exploitation with new environment standards’. According to the plan, the state should get 78 percent of what the project would generate.

Read More


Leave a Reply

Your email address will not be published. Required fields are marked *