RE:RE:RE:NAMR website updates not ESM relatedgoogle translate will give you a reasonable but not perfect translation. enough that you will understand almost everything. you can see that the license would be for 20 years for a 27 square kilometer concession. there are agreements pertaining to reclamation and also a provision for extending the license.
here's a small excerp - enjoyt:
a) The purpose of issuing this draft normative act is
the approval of the concession license, concluded on the basis of the Mining Law no.
85/2003, as subsequently amended and supplemented, and its entry
in force at the date of publication in the Official Gazette of Romania of the decision
by the Government.
The draft normative act contains a single article of which
provisions consist in approving the concession of operating activities
copper ore containing gold in the ROVINA perimeter, county
Hunedoara.
Also, an integral part of the draft normative act is
concession license for the exploitation of copper ore with
gold content from the ROVlN A perimeter, Hunedoara County.
As a result of the negotiations, the following were agreed:
'the name of the perimeter: ROVINA;
'the area of the exploitation perimeter is 27,678 kmz;
'the duration of the negotiated concession is 20 years contractually, with right
extending for successive periods of 5 years;
'mining product made by the holder is copper concentrate with
gold content;
- the financial guarantee for the restoration of the damaged environment as a result
exploitation mining activities shall be established in accordance with
technical instructions issued by the National Resources Agency
Minerals.
b) The present draft normative act, in the elaborated and submitted form
adoption, will fully address the purpose mentioned in point 2 a), respectively
approval of the concession license of the operating activity by decision
by the Government and its entry into force.
3. Other information
Section 3
The socio-economic impact of the draft normative act
1. Macroeconomic impact
This draft normative act has no impact
macroeconomic data on the volume of goods and goods production
services, price level, volume of imports and
exports, employment rate, a
the unemployment rate, the competitive environment and
in the field of State aid.
1 A 1. Impact on
the competitive environment and
State aid
In the local economy, by adopting the present
project and implicitly through the entry into force of the license
concession, will increase the volume of ore production
copper containing gold and products obtained from
processing this useful mineral resource. Also,
competition on the local copper ore market
gold content will increase.
This draft normative act has no impact on
in the field of state aid, with no involvement
state aid component.
2. Impact on the environment
Business
a) direct and indirect benefits
expected
(b) direct and indirect costs
indirect operators
economic.
a) The draft normative act does not refer to this subject.
b) The draft normative act does not refer to this subject.
3. Social impact
Adoption of this normative act will have a social impact
positive at least on the local labor force that can
consists of hiring specialized personnel in the field
exploitation activities, leading to growth
of their income. Draft normative act is not of
nature leads to improvement, efficiency gain or a
quality of the service network.
4. Impact on the environment
a) Impact on use
natural resources
b) impact on species
protected natural habitats,
protected areas and landscapes
c) Impact on quality
environment
a) Mining activity for the exploitation of copper ore
with gold content will lead to the capitalization of resources
useful minerals and, implicitly, diminishing reserves
mentioned pertaining to the delimited area of exploitation
through the license.
b) - c) Impact of the exploitation activity constituting
the object of the concession license, the protected species,
natural habitats, protected areas and landscapes as well
on environmental factors, respectively, air, water, soil and soil
local community will be determined in accordance with
the provisions of the legislation in force in the field of protection
environment and water management.
5. Other information
Section 4
The financial impact on the consolidated general government, both in the short term, for the
both current and long-term (5 years)
I. Changes in budget revenues,
plus / minus of which:
a) the state budget, of which:
(i) profit tax
(ii) income tax
b)
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