Vast Resources said it had submitted an application to Romanian authorities for a licence to mine at its Baita Plai project.
The application to National Agency for Mineral Resources was the final stage in a protracted legal and administrative process, the company said.
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‘The company has reason to believe that the actual grant of the association licence will follow shortly,’ Vast said.
The country’s minister of economy had already accepted a mining agreement in July.
Source: stockmarketwire
