Romania's potential as an important centre for European mining remains undermined by anumber of ongoing challenges. While efforts are being made on a governmental level to improve thebusiness environment by reducing corruption and providing a steady economic platform from which tosupport private sector activity. However, this has only partly filtered through to the mining sector, whereforeign operators continue to meet with a number of challenges. As well as a lingering infrastructuredeficit, the government's opposition to Gabriel Resources' Rosia Montana mining project highlights theopposition towards commercial mining ventures that still exists in the country and that has prevented thecountry from fully leveraging its significant resources. Pressure on the government to reduce its carbonemissions is meanwhile resulting in the steady decline of the coal mining industry. These obstacles aside,Eldorado Gold's Certej gold mining project should lead to significant growth in gold production over thenext few years.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook