Euro Sun Mining drops gold mining project in Romania

Canadian mining company Euro Sun Mining (formerly Carpathian Gold), the owner of the Rovina gold project in Romania, has renounced its planned private placement of shares under which it hoped to raise up to CAD 10 million to fund the project in Romania. The decision was taken “due to the difficult market conditions”. The company, which recently obtained the approval of the Romanian Government for the exploitation of the gold mine in Rovina, the second largest in ...

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