08.05.2021

Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said in a stock market report Thursday that it signed the additional act for taking more

03.21.2016

UK-based mining company Vast Resources announced it started the works to double production capacity at the Manaila mining operation in Suceava county, and the works to modernize the infrastructure of more

03.11.2016

Romanian Energy Ministry announced on Friday the setup of the mining coordination committee, in charge with assessing the sector of energy mineral resources – coal and uranium – and proposing more

10.05.2015

Mining royalties will increase but offshore oil royalties could decrease because such activities require large investments, Energy Minister Andrei Gerea stated Monday. more

07.21.2015

Works to conserve and close mines in Romania will require an estimated RON42 million (EUR9.45 million) this year. more

05.28.2015

Mining Watch Romania condemns the Romanian government for granting the exploitation license for copper and gold at the Rovina deposit, saying the project follows a new Rosia Montana scenario and is a more

05.20.2015

Romania’s Government on Wednesday decided to raise mining taxes on prospecting, exploration and exploitation of mineral resources, in ratio with inflation, and expects to rake in RON1 million more

03.20.2015

Romania’s Energy Ministry will pay compensations of 15.1 million lei (EUR3.4 million) for the expropriation of several plots and buildings needed for an investment of energy holding Complexul more

10.16.2014

The European Commission Thursday said it is taking Romania to Court for a failure to comply with EU legislation on mining waste, namely waste resulting from the extraction, treatment and storage of more

04.25.2014

Romania's Government will raise mining taxes by up to 6.7%, less than a year since the last tax hike, and estimates to rake in an extra RON630,000. more

04.10.2014

Many of Romania's underground resources are trapped in closed mines which should be reopened, said Mineral Resources Agency director Sorin Gaman, adding a new mining law should be adopted with more

12.06.2013

Romania’s government wants to increase prospecting, exploration and exploitation fees in the mining industry by up to 3.9% this year and expects to collect extra 600,000 lei (EUR134,600) from the more

11.11.2013

The Romanian Parliament’s special committee for the gold mining project in Rosia Montana, central Romania, Monday rejected the Government’s bill on gold exploitation in the region. more

10.03.2013

Romania will extract more gold than all European countries taken together if the gold mining project in Rosia Montana (W) is pushed on with, Dragos Tanase, the general manger of the Rosia Montana Gold more

09.27.2013

Romania needs to invest in a new uranium mine in central Romania if the country wants to use internally-made, cheaper uranium for its nuclear power plant at Cernavoda. Otherwise Romania will have to more

09.11.2013

Regional investment fund SIF Moldova (SIF2.RO) has invested about 12 million lei (EUR2.7 million) in the shares of Canada-based Gabriel Resources expecting its gold mining project in Rosia Montana in more

09.10.2013

All documents concerning the gold mining project in Rosia Montana, western Romania, will be declassified and made public by Minister-delegate for Infrastructure Projects Dan Sova Wednesday, Romanian more

08.19.2013

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 more

07.11.2013

Negotiations regarding the Rosia Montana gold mining project will be completed by September and works will start if the Parliament approves the bill the Government will put forward, Romanian Prime more

07.10.2013

Romania’s government has raised annual fees for mining activities, including prospecting, exploration and exploitation, by 28%. more

03.20.2013

Romania will disburse extra 163 million lei (EUR36.8 million) for state-run coal mining company Compania Nationala a Huilei (CNH), part of a financing package to be used in a restructuring program for more

03.11.2013

Samax Romania, part of Canadian group Carpathian Gold, aims to open three gold and copper exploitations in the western Hunedoara county, which are expected to generate up to $1.2 billion investments more

07.20.2012

Rosia Montana Gold Corporation (RMGC), the joint venture between Romania and Canadian Gabriel Resources, which is developing the Rosia Montana gold mining project said its license agreement can only more

04.20.2012

Russia's largest gold producer Polyus Gold on Friday said it has agreed to sell its gold mining assets in Romania for $20 million to a British Virgin Islands incorporated holding company affiliated more

04.10.2012

President Traian Basescu said Tuesday that Romania has no further options to create jobs, unless it responsibly considers a new start to mining, made attractive by the evolution in the foreign prices more