Romanians Protest Against Gold Mine

 

 

 

 

 

 

 

 

 
http://stream.aljazeera.com/story/201309022127-0023023

UPDATE: 

This story has been edited to reflect the Romanian government’s 25 per cent stake in the mining project. It also adds a citation to an estimate of the country’s economic gain from the mine.  

A project that would use cyanide to mine gold and silver has prompted thousands of Romanians to protest. 

The planned mine, near the small town of Rosia Montana would be Europe’s largest open-pit mine. Its four pits are estimated to total more than 8 kilometres in diameter and would be visible from space. 
 
The government last week approved a draft law that would allow the project to move forward if passed by parliament. The $7.5-billion project is controlled by a Canadian company, with Romania’s government holding a 25 per cent stake.The government aims to receive approximately 75 per cent of the mine’s economic value through sources including taxes, royalties and jobs. Despite environmental concerns, many in the town support the project because of the jobs it may provide.
 

Protest in Bucharest

 
 
 

This entry was posted on in homepage and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *