Romania renews license for controversial gold mining project, sets higher royalties

Rosia Montana Gold Corporation (RMGC), the developer of the gold mining project at Ro?ia Montana, in western Romania, obtained from the country’s mineral resources agency ANRM an addendum to the concession license for the gold exploitation. The document extends the validity of the license for another five years and increases the fee charged by the state on the value of the mining ...

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