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.

Președintele României, Nicușor Dan (Foto: presidency.ro)
Today in the News Thursday, 09 April 2026

New heads of the major prosecutor’s offices in Romania

Romanian President Nicușor Dan has appointed the new heads of the major prosecutor’s offices, following interviews organized by the Ministry of...

New heads of the major prosecutor’s offices in Romania
photo: RRA@Cătălin Cîrnu
Today in the News Wednesday, 08 April 2026

Football Coaching Legend Passes Away

  A former international footballer and one of the most successful coaches in the history of world football, Mircea Lucescu, passed away on...

Football Coaching Legend Passes Away
Photo: RRA@Cătălin Cîrnu
Today in the News Wednesday, 08 April 2026

The National Bank of Romania maintains the key interest rate

The Board of Directors of the National Bank decided, in its quarterly meeting on Tuesday, to maintain the monetary policy interest rate at 6.5% per...

The National Bank of Romania maintains the key interest rate
Photo: IADE-Michoko / pixabay.com
Today in the News Tuesday, 07 April 2026

Talks on fuel prices

After capping the commercial mark-up on petrol and diesel, the government in Bucharest decided to reduce the excise duty on diesel by 36 bani per...

Talks on fuel prices
Today in the News Tuesday, 07 April 2026

Mangalia Shipyard enters bankruptcy

Romania is going through a difficult phase, during this period, marked by increases in taxes, duties and prices. In turn, the heavy industry is...

Mangalia Shipyard enters bankruptcy
Today in the News Monday, 06 April 2026

Fresh measures to keep fuel prices at bay

The government of Romania has approved a second measure package to intervene on the fuel market after a first decision to cap the markup for diesel...

Fresh measures to keep fuel prices at bay
Today in the News Monday, 06 April 2026

NATO Day in Romania

At a delicate time for NATO, when the leader of the United States, NATO’s main military and financial contributor, treats the Allliance as a toy of...

NATO Day in Romania
Today in the News Friday, 03 April 2026

Stolen Treasure back home

After one year and two months of searches and investigations, the famous golden Dacian helmet and two out of the three golden bracelets stolen from...

Stolen Treasure back home

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