Wednesday, 22 May 2013

Romania Mining Report 2013

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Romania Mining Report 2013
May 22nd 2013, 00:00

BMI View: We expect Romania''s mining sector to see only modest growth over the coming years as coaloutput, which accounts for the majority of the mining sector''s value, sees little expansion. However, onebright spot, which will mitigate against some of the losses in the coal sector, is that the gold sector will seerapid growth from its low base. Overall, we expect the mining sector value to decline to US$5.93bn in 2017,from US$5.4bn in 2012.In one of the most important mining projects in the country during 2012, Romanian energy officialsrevealed the Chinese government is considering investing in the EUR700mn (US$997.7mn) Doice?ti coalfiredpower plant in souther...

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