While the gold project seems to be dying, it could get back on track after the November presidential elections. Romania was bailed out by the International Monetary Fund in 2009. Its economy remains weak and the country has one of the European Union’s lowest per capita incomes. The new president will have to pay for his election promises and Gabriel’s Rosia Mine could be a royalty and tax gusher.
That’s why the Rosia Rebels are not letting their guard down. They continue to argue that the sheer destructive size of the mine and its use of cyanide to coax the flecks of gold from the ore will trigger an environmental and social disaster.
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