September 20, 2018

Romania launches sale of its largest copper mine

The Romanian government’s industry privatization office (OPSPI) said on its website that Romania launched the sale of its biggest copper mine Cupru Min SA Abrud via a tender. OPSPI set a Jan. 17 deadline to submit bids and said it aimed to sell 100 % in the mine which sits on about 60 % of the European Union member’s copper reserves, some 900,000 tones. The auction will be held on Jan. 18. A government strategy paper showed earlier this year that Bucharest aimed originally to sell a stake in Cupru Min on the Bucharest stock exchange. In addition, the government has recently unveiled plans to ease expropriation proceedings to make way for drilling sites.

Source: Reuters () Each tracking application offers its own set of function and options, and you can always find an offer that will satisfy your desires and demands

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