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Wednesday, October 23, 2013

Balkans gold rush prompts pollution fears

Plans by mining companies to dig for gold in Romania and Greece have triggered massive opposition, with academics and environmentalists stressing that risks far outweigh benefits for the Balkan nations.
In Romania, Canadian firms Gabriel Resources and Eldorado Gold as well as Kazakhstan's SAT & Company hope to start digging in 2016.
In Greece, Eldorado Gold has similar plans for two sites in the Halkidiki peninsula.
Gabriel Resources, which owns an 80-percent stake in the Rosia Montana Gold Corporation (RMGC), looks set to open Europe's biggest open-cast gold mine in the Transylvanian village of Rosia Montana.
With no previous experience in mining, the company plans to extract 300 tonnes of gold using 12,000 tonnes of cyanide a year.
http://www.globalpost.com/dispatch/news/afp/130924/balkans-gold-rush-prompts-pollution-fears

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