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Fighting for a Rosy Future

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fighting for a rosy future

rosia montana gold mine in romania

“For well over two years we have been confronted on a daily basis with a psychological war to make way for the project. Today marks an important victory in our struggle to keep our land for our children. We are overjoyed and congratulate the IFC for its decision. We hope that other financial institutions and banks will follow suit and pull out or refrain from investing in this speculative, unprofitable and unsustainable project that will only increase pollution, poverty and corruption.” Eugen David, president of Alburnus Maior, the local community group in Rosia Montana.


Romanian community representatives handing drawings from children in Rosia Montana to World Bank President James Wolfensohn in 2002, leading to the Bank’s decision not to fund the project. More pictures

In October 2002, the World Bank Group announced that it would not finance the controversial Rosia Montana gold mine project in Romania's beautiful Apuseni mountains. Local community members and international campaigners alike rejoiced, and proclaimed their hope that the World Bank would steer clear of other such environmentally and socially disruptive projects in the future.

inauspicious beginnings
The mine, which would be Europe's largest open cast gold mining project, came under fire from an international coalition of NGOs based on flaws in the project proposal and concerns about the corporate sponsor. The Canada-based company Gabriel Resources (registered in Barbados) approached the World Bank Group for a loan rumored to be around US$250 million. The company had no previous mining experience, and its then Corporate Executive Officer had been convicted twice for drug trafficking. In early 2002, the company had already launched an aggressive relocation programme without the completion of public hearings or Environmental Impact Assessment studies.

Despite the World Bank Group’s withdrawal from the controversial project, the company is determined to proceed with the mine. The scheme being proposed by Rosia Montana Gold Corporation (RMGC), a joint venture between Gabriel Resources and the Romanian government, is draconian. It would be fifty times larger than the existing pit, and since the metalbearing rock lies beneath several settlements, including the village of Rosia Montana, two thousand people would be moved – by force if necessary.

latest news
Stephanie Danielle Roth wins the prestigious international Goldman Environmental Prize   - the world's largest prize for grassroots environmentalists for fighting to stop the completion of Europe's largest open-cast gold mine
Rosia Montana mining company admits controversial project may be too risky

more information:
Friends of the Earth International press release
Rosiamontana.org :www.rosiamontana.org
Rosia Montana photo gallery: www.sepsiszentgyorgy.info/galeria/kovacs_l_a
CEE Bankwatch Network: www.bankwatch.org
Burying People for Profits, video, FoEI (see back cover).


 


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