7.5 C
Belgrade
22/04/2024
Mining News

Euro Sun Mining provides update on environmental case for Rovina Valley Project in Romania

Euro Sun Mining has announced that court proceedings at the Cluj-Napoca district court to annul its rezoning environmental endorsement for the Rovina Valley Project in Romania have now concluded, after the matter was finally heard at the court on September 29, 2023 after months of delay.

The resource exploration and development company said the court did not entertain further postponements, stating that they would deliver a verdict on the process on October 16, 2023, although the deadline could be subsequently postponed at the court’s discretion.

Supported by

Euro Sun noted that it looks forward to a positive outcome as a result of its extensive legal arguments presented to the court.

The company added that a positive verdict for the project could end further delays in governance procedures and propel Romania to the forefront of European critical mineral supply while providing much needed investment and job creation in Hunedoara County.

Euro Sun Mining is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second-largest gold deposit in Europe.

 

Source: proactive

Related posts

Shifting supply chains: Navigating raw material challenges in the clean energy era

David Lazarevic

Angola’s mining renaissance: Beyond oil to rare earths and diamonds

David Lazarevic

Unleashing Scandium: A game-changer in clean energy

David Lazarevic
error: Content is protected !!