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.

Foto: PIX1861 / pixabay.com
Today in the News Friday, 12 June 2026

World Bank forecast for Romania

The global economy is expected to record lower growth this year, of 2.5%, compared with the 2.6% advance projected in January, due to the war in the...

World Bank forecast for Romania
Romania's Foreign Minister, Oana Ţoiu (photo: mae.ro)
Today in the News Friday, 12 June 2026

Talks between Romanian and Ukrainian Foreign Ministers

In a phone call with her Ukrainian counterpart, Andrii Sybiha, Romania’s Foreign Minister, Oana Ţoiu, has conveyed Romania’s concern about the...

Talks between Romanian and Ukrainian Foreign Ministers
Source: MAPN
Today in the News Thursday, 11 June 2026

The North Atlantic Council and Black Sea Defense

The North Atlantic Council, gathered on Wednesday at Romania’s request, decided that defense capabilities in the Black Sea region need to be...

The North Atlantic Council and Black Sea Defense
AI generated image
Today in the News Thursday, 11 June 2026

Romania extends staple foods price cap

A number of staple food categories will continue to be sold in Romania at capped prices, according to a law passed by Parliament. This is an...

Romania extends staple foods price cap
Today in the News Wednesday, 10 June 2026

Investigations and discussions regarding drones

On Tuesday, President Nicuşor Dan had a phone conversation with European Council President Antonio Costa, whom he told that the incident involving...

Investigations and discussions regarding drones
Today in the News Wednesday, 10 June 2026

From trade deficit to economic forecasts

Romania’s trade deficit in the first 4 months of the year went down 7% compared to the corresponding period in 2025. According to National...

From trade deficit to economic forecasts
Today in the News Tuesday, 09 June 2026

Romania still searches for a new government

Unless the public opinion in Romania was, as opinion polls constantly show, overwhelmingly disgusted by the local political life and its animators,...

Romania still searches for a new government
Today in the News Tuesday, 09 June 2026

Outlook for the economy

The National Commission for Strategy and Prognosis (CNSP) estimates for 2026 a decrease in economic growth of 0.9%, from 1% in the previous forecast...

Outlook for the economy

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