Pages

Friday, April 20, 2012

Romanian Minister Cautious About Gold Mine Permits

Romania's environment minister says a Canadian company's application for permits to move ahead with a controversial gold mine can't be speeded up as requested by the president.

But Attila Korodi told a radio station Wednesday he would carefully examine the project, a day after becoming minister. Korodi says "the question is whether what we have now is good for Romania."

President Traian Basescu has urged Korodi to expedite the process, saying the mine will bring jobs to a deprived region and vital foreign investment. But environmentalists and archeologists oppose the project, which uses cyanide in the extraction process.

Canada's Rosia Montana Gold Corp. says the site is believed to contain 300 tons of gold and 1,600 tons of silver
http://www.businessweek.com/ap/2012-04/D9U2OOL80.htm

No comments:

Post a Comment