Gold Mine Backers Hail Romania President


"Chronic waffling is turning into qualified support for the $1B Transylvania-based project."


Supporters of an effort to build a one of the world's biggest gold mines in Romania say they're encouraged by the public backing of President Traian Basescu.

A pro-mining industry and trade group said Monday it is thrilled with comments made last week by Basescu, who seemed to indicate the chronic waffling of the Romanian government on the controversial Rosia Montana Project is turning into qualified support more than a decade after the $1 billion project was announced. . .View full article

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe