. Energy News .




TRADE WARS
Romania workers occupy site of contested gold mine project
by Staff Writers
Bucharest (AFP) Sept 12, 2013


Twenty-two Romanian workers on Thursday refused to leave an ancient mining gallery in a last-ditch bid to get MPs to vote a bill that would clear the way for a gold mine there.

"We are very worried about their situation," said Catalin Hossu, spokesman for Rosia Montana Gold Corporation (RMGC), a joint company in which Canada's Gabriel Resources holds an 80-percent stake.

The employees of RMGC descended into the Roman-era mine Wednesday after Romanian Prime Minister Victor Ponta said a draft law intended to speed up the project would probably be voted down by Parliament.

In a separate incident, archeologists opposing the mine have said they had to end restauration work at the site after being assaulted by RMGC employees.

Gabriel Resources plans to open Europe's largest open-cast gold mine in the Transylvanian village of Rosia Montana.

The company acquired a mining licence in 1999 but has been waiting ever since for a crucial permit from the environment ministry.

To speed up the opening of the mine, Romania's centre-left government last month submitted a bill that would make it easier for the company to expel villagers living near the site.

But the draft law sparked an outcry and thousands of protesters over the last 10 days have taken to the streets across the country every evening.

Gabriel Resources wants to extract 300 tonnes of gold using an average of 12,000 tonnes of cyanide a year.

It promises 900 jobs will be created during the 16-year extraction period, with added economic benefits for locals.

Scientists from the Romanian Academy and environmental rights groups such as Greenpeace say the mine will be an a ecological time bomb, while archeologists warn it threatens ancient Roman gold mines.

Gabriel Resources on Wednesday told AFP it may sue for $4 billion (3 billion euros) in damages if Romania's parliament blocks its project.

"If the draft legislation is rejected then the company will provide formal notification to Romania of its intentions to commence litigation for multiple breaches of international investment treaties... with a claim of up to $4 billion", Jonathan Henry, CEO of Gabriel Resources, wrote in a email.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





TRADE WARS
Egypt violence stirs fears of Suez Canal terror
Cairo (UPI) Sep 11, 2013
A failed attack on a container ship transiting the Suez Canal has raised concerns that as Egypt descends into widening violence the strategic waterway, could become a target for Islamist militants. The blockage or closure of the 120-mile canal, the world's second most important maritime choke point for oil and liquefied natural gas bound for Europe and the United States, would have a po ... read more


TRADE WARS
Reflecting on Earth's albedo

Our living planet Earth's carbon dioxide breathing seen from space

NASA's Landsat Revisits Old Flames in Fire Trends

NASA Data Reveals Mega-Canyon under Greenland Ice Sheet

TRADE WARS
Galileo's secure service tested by Member States

European Union countries in test of home-grown GPS system

Satellite tracking of zebra migrations in Africa is conservation aid

'Spoofing' attack test takes over ship's GPS navigation at sea

TRADE WARS
400-year study finds Northeast forests resilient, changing

New technique for measuring tree growth cuts down on research time

Northeastern US forests transformed by human activity over 400 years

Red cedar tree study shows that Clean Air Act is reducing pollution, improving forests

TRADE WARS
Sharing the risks/costs of biomass crops

Indy 500 race cars showcase green fuels

Researchers Read the Coffee Grounds and Find a Promising Energy Resource For the Future

Professor and student develop device to detect biodiesel contamination

TRADE WARS
New app to make light work for solar installers

Santander Invests In Construction Of Major New Solar Energy Plant In Suffolk

Solar technology to meet Qatar's energy commitments

New Solarlink Kit Streamlines PV System Testing On Innovative Off-Grid Island Projects

TRADE WARS
Moventas significantly expands wind footprint

Windswept German island gives power to the people

No evidence of residential property value impacts near US wind turbines

French court rejects planned wind farm near Mont Saint Michel

TRADE WARS
Calculating the true cost of a ton of mountaintop coal

Ukraine designates 45 coal mines for sale in privatization push

German coal mine turns village into ghost town

India's 'Coalgate' deepens

TRADE WARS
Confucius makes comeback at Chinese tables

Top China blogger appears on TV amid Internet crackdown

Eye-gouging attack casts spotlight on Chinese backwater

China's Guangzhou to empty labour camps: media




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement