RRI Live!

Listen to Radio Romania International Live

The dilemmas of gold exploitation

The exploitation of the gold and silver reserves in Rosia Montana, in the centre, is a topical issue both for environmentalists and the authorities.

The dilemmas of gold exploitation
The dilemmas of gold exploitation

, 06.09.2013, 12:37

For the timid environmental movement in Romania, the gold and silver mining project in Rosia Montana recently approved by the government is a good opportunity to step to the fore. The protests held over the last week by environmental campaigners, while limited in scale, have managed to draw attention to the project, which was first initiated in late 1990s.



The controversy surrounding it is mainly related to the technical procedure used in the mining process which involves cyanide, a substance which can irreversibly damage the environment according to the ecologists. Moreover, they insist on the fact that the Roman galleries in the region, seen as having outstanding archaeological importance, are also jeopardised.



The Government’s response focuses on the economic benefits entailed by the project. Given the economic difficulties of the past few years, these benefits are quite important: five billion euros would go to the public budgets, while several hundred jobs will be created for the locals. The Romanian government, which has recently renegotiated the contract with the Canadian company that will implement the mining project, has increased both royalties, from 4 to 6%, and its stake in the project, from 20 to 25%. Even so, things are not running smoothly for the government, which sent the bill to Parliament without first obtaining the approval of the Justice Ministry.



The bill itself runs counter to several articles in the Constitution and the expropriation laws, as the Ministry announced. Meanwhile, president Traian Basescu undertook to arbitrate the dispute between the environmentalists and the Government. Basescu suggested a national referendum to be held next year might settle the issue, and prime minister Victor Ponta seems to agree with him. If the project gets the green light, exploitation works will begin in late 2016 and conclude after 2030.

Alexandru Nazare (Photo: gov.ro)
Today in the News Thursday, 18 September 2025

Prospects for inflation and budget deficit

Romania will remain in the excessive deficit procedure for a few more years, because it has been very late with the budgetary adjustment process, the...

Prospects for inflation and budget deficit
foto: Facebook.com/ Ministerul Apărării Naționale - mapn.ro
Today in the News Thursday, 18 September 2025

Romanians, in favour of voluntary military service

For almost two decades, military service has not been mandatory in Romania, and now the army wants to attract young people on a voluntary basis. The...

Romanians, in favour of voluntary military service
Călin Georgescu / Photo: Agerpres
Today in the News Wednesday, 17 September 2025

Romania and the hybrid war

In 2024, when Romania held four types of elections, including presidential, the country was the target of disinformation and hybrid war campaigns,...

Romania and the hybrid war
Premierul Ilie Bolojan / Foto: gov.ro
Today in the News Wednesday, 17 September 2025

The budget deficit remains significantly high

Romania cannot end this year with a budget deficit below 8% because many of the measures taken by the government will only apply as of January 1 and...

The budget deficit remains significantly high
Today in the News Tuesday, 16 September 2025

Motions and protests in Bucharest

The Bucharest Senate rejected, on Monday, the simple motion filed by the populist party AUR against the Minister of Education, Daniel David. This...

Motions and protests in Bucharest
Today in the News Tuesday, 16 September 2025

Romania, closer to the OECD

“For Romania, joining the OECD is a strategic goal,” President Nicușor Dan said on Monday after meeting in Bucharest with Mathias...

Romania, closer to the OECD
Today in the News Monday, 15 September 2025

Drones and reactions

A Geran drone used by the Russian Federation in the attacks on Ukraine entered the Romanian airspace on Saturday, flying over the eastern part of the...

Drones and reactions
Today in the News Monday, 15 September 2025

Moody’s: good news, but…

  The US financial rating agency Moody’s has decided to keep Romania in the investment grade category (BAA3 rating), with a negative...

Moody’s: good news, but…

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company