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România Liberă - Romania | Thursday, August 25, 2011

Dont leave Romanian gold to the Canadians

Romanian President Traian Băsescu has said that the Canadian-owned mining company RMGC should be given a permit to mine gold at Roşia Montana in Transylvania. The permit had been withheld until now for ecological reasons. A shady deal, the daily România Liberă surmises: "The president says nothing about the risks that mining these 300 tons of gold in Roşia Montana entails, nor about what the clever boys at the Canadian firm RMGC would pocket, nor about how much would go to the Romanian state. That remains uncertain as long as the concession documents remain secret. ... If Romania does decide to destroy the Apuseni Mountains to earn twelve billion euros - as the consulting firm Oxford Policy Management estimates, why not do it with a serious firm? It doesn't have to be a state enterprise. But in times of crisis any civilised country supports its own companies first."

» To the complete press review of Friday, August 26, 2011

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