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Wednesday, August 28, 2013

Romania: Canadian gold mine of national interest

Romania (AP) Romania's government is making a renewed push to get a Canadian gold mine project under way in Transylvania amid protests from historians and environmentalists.
Canada's Rosia Montana Gold Corp. has been waiting for permits for 14 years for the mine, which is estimated to contain 300 tons of gold and 1,600 tons of silver.
The government press office said Wednesday a law has been drafted declaring the project of "special national interest." Romania would have a 25 percent stake in the project if it were implemented. The law needs parliamentary approval.
The Canadian company has pledged to protect the environment and national heritage. The project has been criticized because it uses cyanide in the extraction process and the mine is located in an area where there are Roman remains.
http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=11115967

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