Euro Sun details plan for Romania mine

MINEX Forum | February 21, 2019
img0 Euro Sun details plan for Romania mine Euro Sun Mining has completed a preliminary economic assessment (PEA) for the initial phase of development at the Rovina Valley gold/copper project, in Romania, detailing plans to produce 108 000 oz/y of gold and 13.3-million pounds a year of copper, or 139 000 oz/y gold equivalent. The PEA ...

Official Monitor of Romania Publishes Mining License for Euro Sun Mining’s Rovina Valley Project

MINEX Forum | November 29, 2018
img0 Euro Sun Mining Inc. announce that its mining license for the Rovina Valley Project has now been published in the Official Monitor of the Romanian Government. Decision regarding the approval of the Concession License no. 18.174 / 2015 of the mining activity of copper ore containing gold in the Rovina perimeter, Hunedoara County, concluded between ...

Romania concludes Rovina Valley licensing

MINEX Forum | November 20, 2018
img0 The Romanian government published the ratified mining licence for Euro Sun Mining’s Rovina Valley copper-gold project in the country’s Official Monitor, formally concluding the much delayed project licensing process. “We are focused on moving this project forward as quickly as possible to the benefit of all stakeholders,” CEO Scott Moore said. Despite hosting very low-grade ...

Euro Sun gets mining license for Rovina in Romania

MINEX Forum | November 13, 2018
img0 Euro Sun Mining (TSX: ESM) has become the first non-state-owned entity to receive a ratified mining licensce for its Rovina Valley copper-gold project in Romania, signaling that the East European nation is open for business, the company says. The mining company will now embark on an Environmental and Social Impact Assessment (ESIA), and continue its work ...

Vast Resources acquires stake in polymetallic ‘Blueberry’ project in Romania

MINEX Forum | August 23, 2018
img0 Vast Resources PLC’s (LON:VAST) Andrew Prelea discusses with Proactive Investors their decision to acquire a 29.41% interest in the Blueberry project – host to highly prospective polymetallic mineralisation and which sits in a prolific part of western Romania. Prelea also updates on the wait for the Baita Plai licence as well as the latest on ...

Gabriel Resources President and CEO Jonathan Henry leaves the company

MINEX Forum | July 11, 2018
img0 Gabriel Resources (TSX-V:GBU), the miner that sued Romania for $4.4 billion in alleged losses related to its halted Rosia Montana gold and silver project, said Tuesday its top executive, Jonathan Henry, was leaving the company to “pursue other opportunities.” While Henry has resigned from his position as President, Chief Executive Officer and Director, he’ll continue ...

Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators

MINEX Forum | June 15, 2018
img0 Gabriel Resources (TSX-V:GBU) lawsuit against Romania for $4.4 billion in alleged losses related to the company’s stalled Rosia Montana gold and silver project, suffered a setback this week as the country told international arbitrators they can’t hear the Canadian miner’s claim. Romania’s government said a recent, ground-breaking court decision had slammed the door on certain ...