A comparison perhaps7 Aug 2018 13:36
I have been reading some past rms from euro sun . A tsx company who were awarded a mining lcence in late 2017 in the Rovina Valley. It is interesting to compare as they purport to being the first mining licence granted to a non state owned entity by the Rom Gov......looks just as totuous...interesting read though. B
TORONTO, ONTARIO--(Marketwired - Aug. 3, 2017) - Euro Sun Mining Inc. (TSX:ESM) ("Euro Sun" or the "Company"), reports that the Romanian National Agency for Mineral Resources ("NAMR") has issued an official notice to the Company announcing that the ratification process related to the mining licence of its Rovina Valley Project granted in May,2015, has been initiated. NAMR has completed their review and recommendations in the form of an explanatory memorandum following the successful public audience held at their offices on June 26, 2017 (see press releases from June 14 and June 26, 2017, for details), which will be forwarded to the required ministers for endorsement.
An excerpt from the official translation of the notice issued by the President of NAMR, Mr. Aurel Gheorghe, states, "…please be informed that following an analysis of the proposals raised in the public debate of June 26, 2017, in connection with the draft Government Decision on the approval of the Concession License under discussion, the Explanatory Memorandum has been finalized, which will be posted on the website of the National Agency for Mineral Resources in the course of the next week.
Following the lapse of the 30 statutory days after the posting date, the Licence and the Explanatory Memorandum will be forwarded for endorsement to the competent institutions, in view of approving License no. 18174/2015 by Government Decision, according to the applicable legislation."
The Mining Licence for the exploitation of the Company's Rovina Valley Project requires the signatures of the Minister of Economy, Minister of Environment, Minister of Justice and Minister of Finance. Once these signatures are obtained, the Mining Licence will be sent to the Secretary General of Parliament and to the Prime Minister for final signatures, before being published in the official government Gazette.
Scott Moore, President and CEO of Euro Sun Mining, stated, "We are very pleased to see the process to ratify our mining license begin, following our successful public audience in June. Once ratification is completed we will progress with the initiation of our Environmental Impact Study. We would like to thank NAMR for their support of this important project for Euro Sun and for Romania. As the first non-state-owned entity to have been issued a Mining Licence, we are committed to developing the Rovina Valley Project as an example of responsible mining to the highest environmental standards, and in the process, provide meaningful economic impact to our local community partners and to the Romanian State."