Romanian Prime minister to revoke the World Heritage site status to help Gabriel Resources

MINEX FORUM | August 31, 2017
img0 Image:  voanews.com Romanian Prime Minister Mihai Tudose plans to ask UNESCO to revoke the status of World Heritage site for the former mining town of Rosia Montana, as the nomination means important gold reserves can no longer be exploited, said mining.com. The application, submitted to UNESCO by the former government, was the last nail in the coffin for Canadian ...

Euro Sun Mining made one more step to the mining license in Romania

MINEX FORUM | August 4, 2017
img0 Euro Sun Mining Inc. (TSX:ESM) reports that the Romanian National Agency for Mineral Resources (“NAMR”) has issued an official notice to the Company announcing that the ratification process related to the mining licence of its Rovina Valley Project granted in May,2015, has been initiated. NAMR has completed their review and recommendations in the form of an ...

Gabriel Resources is planning to sue the Romania’s government for $4,4 billion

MINEX FORUM | June 30, 2017
img0 Image: euractiv.com Canada’s Gabriel Resources (TSX:GBU) is suing Romania for $4.4 billion in alleged losses over its long-stalled Rosia Montana gold and silver project, which the government of that country refused to approve following relentless protests, noted mining.com. The London, England-based miner said the suit would be filed Friday with a World Bank Tribunal. In the claim, ...

Romania’s National Agency for Mineral Resources to discuss approval for Rovina Valley

MINEX FORUM | June 12, 2017
img0 Euro Sun Mining Inc. (TSX:ESM) reported that in accordance with Romania’s public administration transparency laws, the National Agency for Mineral Resources (“NAMR”) will host a public meeting to discuss the draft Government decision approving the mining license of the Company’s Rovina Valley Project at its headquarters on June 19, 2017. G. Scott Moore, President and ...

Mining slides down deeper in Romania

MINEX FORUM | March 17, 2017
img0 Image: http://miningwatch.ro Local industry, the sector that represents almost a quarter of the Romanian economy, recorded an increase of 5.8% in January over the first month of 2016, said romania-insider.com. Mining continues to fall. The growth was supported by the strong advance in the manufacturing sector, according to data published yesterday by the National Statistics Institute ...

Vast Resources sells its African assets to develop Romanian project

MINEX FORUM | February 1, 2017
img0 Image: Vast Resources Vast Resources plc, the AIM listed mining company with operations in Romania and Zimbabwe, announced that it has signed a conditional agreement for the partial disposal of a non-controlling interest in its Pickstone-Peerless Gold Mine and Giant Gold Mine providing gross proceeds of US$8 million principally to advance the Company’s core activities in ...