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Tuesday, February 12, 2013

Moldavian investor takes over half of Romanian mining company Romaltyn, wants recycling pilot for mineral waste

The previous owners Polyus Group were planning to invest some USD 14 million in 2010 in mining technologies to re-start gold extraction. Romaltyn’s sterile sludge pond triggered an international ecological accident, when sludge and cyanide leaked from the pond into the Lapus, Somes, Tisa and Danube rivers in 2000. Two years later, the EU created a new international code for the management of cyanide, which is used in the gold production process.
http://www.romania-insider.com/moldavian-investor-takes-over-half-of-romanian-mining-company-romaltyn-wants-recycling-pilot-for-mineral-waste/75028/

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