Rosia Montana Gold Exploitation Set To Start In November 2016-Draft

08.19.2013 By Oana Gavrila

Canada’s Gabriel Resources will start exploiting gold reserves in Rosia Montana, western Romania, in November 2016, as the area’s urban plan should be approved by the end of this year, and Romania’s stake in the venture should rise 5.69%, to 25% of the shares, if all permits are issued in due time.

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Keywords:
ROSIA MONTANA
, MINING
, AGREEMENT