Dozens Protest In Romanian Capital Over Cyanide Mining Project For W Romania

Meanwhile, inside the hotel, officials of the Rosia Montana Gold Corporation (RMGC), a joint-venture between the Romanian state and Canada-based Gabriel Resources for the gold mining project, are holding a conference with what they say are independent analysts, who are to explain that tourism and agriculture in the area is only possible after cyanide mining, not instead of it.

Romania environmental NGOs have been opposing the cyanide mining plan since it was put on the table in the 1990s and have proposed to promote tourism and agriculture in the otherwise poor area.

RMGC, which still needs to pass an environmental impact study approval by the Romanian Environment Ministry, says it will spend about $1 billion and expects to extract 626,000 ounces of gold annually for a five-year period.

The country's environment minister said late June authorities will resume authorization procedures for investments in the Rosia Montana gold mining project.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.