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http://www.rosiamontana.org/

Press Release from Romania.s Ministry for the Environment and Water 
Management with regards to the Rosia Montana open cast gold mining 
development 


In late October 2004 Romania.s Ministry for the Environment and Water 
Management (MMGA) published a press release whose original can be 
accessed on 
http://www.mappm.ro/informatii/PresaZilnica/Rosia%20Montana.pdf


Given the importance of its content particularly in light of the 
international interest that the Rosia Montana gold mining project has 
provoked, Alburnus Maior has taken the liberty to translate this press 
release into English. Alburnus Maior has translated the information as 
accurate as possible and with the sole intention to inform the wider 
public about the particular issues raised by Romania.s Ministry for the 
Environment and Water Management.


********************************* PRESS RELEASE 
*******************************


Given that new discussions related to the Rosia Montana project started 
in the country and abroad, we herewith update our previous press 
releases in the subject with the following : 


1) Presently, gold ore extraction and processing is undertaken in the 
so-called Cetate open pit by the RosiaMin mining company which in 
return belongs to MINVEST S.A. Deva under the authority  of the 
Ministry for Economy and Commerce. The technological chain consists 
of : open pit ore extraction, ore crushing, transport, ore processing 
and waste disposal in the 
Saliste tailing pond.


2) During the past few months no new developments related to the Rosia 
Montana Gold Corporation development appeared other than already 
released to the press.


3) To date S.C. Rosia Montana Gold Corporation undertakes solely 
geological exploration based on geological research and exploration 
programs (drilling, samples and analysis); these being the only 
activities for which the company has the necessary authorizations. 


4) S.C. Rosia Montana Gold Corporation does not undertake exploitation 
works in the area. 


5) We would like to point out that S.C. Rosia Montana Gold Corporation 
has not submitted the technical documentation necessary to launch the 
procedure to obtain the
environmental license . 


6) On  our website, www.mappm.ro there exists updated information 
regarding activities in Rosia Montana.


The ministry for the Environment and Water Management (MMGA) would like 
to stress again that the ministry.s support for the project or not is 
not an issue of discussion and is limited to a strict legal framework 
harmonized with that of the European Union. The later demands for an 
official position to be formulated only after the project owner has 
submitted the complete technical project and the
environmental impact assessment. 


Based on the Government.s strategy in the field, MMGA will not promote 
investments that approach environmental factors from a purely economic 
perspective and are not according to the principle of sustainable use 
of the country.s natural resources. Also, it will not approve an 
investment that could lead to a potential risk of pollution in the area 
or across the border. 


For more information contact our press office on +40 (0) 21 335 6138.