Remin Baia Mare resumes tender to put up for sale over 500,000 tons of gold concentrate

The National Company of Precious and Ferrous Metals Remin Baia Mare (north-west of Bucharest) will resume the tender aimed at selling 500,000 tons of gold concentrate over two weeks, as none of the companies that purchased the technical specifications took part in the first public tender, Remin Director, engineer Ovidiu Galca told Agerpres on Tuesday.

Remin, which is subject to an insolvency procedure, put up for sale the gold concentrate with a high arsenic content deposited on the former Suior Processing Floatation Center.

The tender was announced in the Romanian and foreign press (Great Britain).

A number of seven companies from Romania, China, Switzerland and Australia bought the task book that stipulated the contractual, financial and environmental obligations. According to the task book, the tender started from the price of 105 dollars per ton of gold concentrate, but Remin would have chosen the company that offered the highest price.

Experts in the domain estimated that Romania would earn over 53 million dollars by selling 500,000 tons of gold concentrate.

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