Canadian miner Euro Sun Mining has obtained the key approval to develop its investment in the Rovina Valley gold and copper project in Romania.
“With the issuance of the Avizul de Oportunitate … the Company is now approved to proceed to the next stage of permitting for the Rovina Valley Project, namely the Planul Urbanistic Zonal,” the Ca-nadian business said in a statement.
Commenting on the latest development, Scott Moore, Euro Sun’s chief executive, said that his company was “pleased to see continued ongoing support by the Romanian state as they deliver approvals as required to move the Rovina Valley Project towards our construction start. Investor perception of Romania as a potentially unfriendly juris-diction to mining is clearly not accurate as these approval milestones continue to demonstrate.”
Euro Sun Mining says Rovina Valley hosts the second largest gold deposit in Europe.