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Canadian gold mine project sows discord in Romania FEATURE 10/09/2011

Sunday, October 9, 2011

Canadian gold mine project sows discord in Romania

FEATURE

10/09/2011
ROSIA MONTANA — On the surface, it is just one of the many picturesque villages of Transylvania, a region called Romania’s “national treasure” by Britain’s Prince Charles for its stunning nature.

But Rosia Montana, a former Roman site in the northwest, lies on one of the biggest gold deposits in Europe: A blessing for some, a malediction for others.

With the precious metal regaining ground as an investors’ haven, a Canadian company is pushing to open a mine that has divided locals and triggered a fierce controversy on environment and heritage concerns.

Tens of thousands of tons of cyanide will be needed to extract 300 tons of the previous metal — a scale unseen in Europe where only one percent of the world’s gold is produced..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20111009com6.html

1 comment

Jesusa Bernardo said...

sobrang taas ng presyo naman ng ginto. cyanide & much destruction for gold.

"Tens of thousands of tons of cyanide will be needed to extract 300 tons of the previous metal — a scale unseen in Europe where only one percent of the world’s gold is produced.

"Recently, Romania’s President Traian Basescu expressed strong support for what he sees as a boost for the economy. One of his advisors immediately resigned calling the mine “damaging”. The country’s Prime Minister Emil Boc has admitted he was “not a fan” of the project."

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