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10. 03. 12. - 09:00

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10. 03. 12. - 09:00

Rosia Montana gold mining project gains massive support says study

Michael Leidig

The study, conducted in February and released yesterday (Fri) reveals that 82 per cent of those questioned said they want the project to get started as it would create jobs in an area seriously hit by unemployment.

On a general note, 90 per cent of the people interviewed said they agreed with the re-opening of old mines as a solution to creating jobs.

The study also shows that the majority of Romanians regard the Rosia Montana project as a way to boost the local economy.

According to Rosia Montana Gold Mine Corporation, the gold extraction would create 3,600 jobs.

The gold mine project has stirred up a lot of controversy in Romania, with civil society and environment activists warning that the use of cyanide would destroy the area, under UNESCO protection.

According to the National Agency for Mineral Resources, the Rosia Montana gold reserves are estimated to be 300 tones, while the total gold reserves of the country are put at some 700 tones.

The company which plans to extract 300 tons of gold and 1,600 tons of silver from Rosia Montana is owned by Canadian Gabriel Resources (80 per cent), while the Romanian state holds only a 20 per cent stake. The company still awaits environment certificates to start digging for gold, but all environment ministers so far had been reluctant in green lighting the project.

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