GOLD MINING: ECONOMIC DEVELOPMENT VERSUS SUSTAINABLE DEVELOPMENT

Autor/autori: Victor ARAD, Susana ARAD, Vlad COSMA

Abstract: Against the prolonged economic crisis, the mining resources have regained the investors' attention. Demand for gold continues to increase worldwide and the high price of gold ounce compared with historical values, indicating a favorable global context of the new gold mining projects. This paper aims to present issues related to mining, geological conditions, cyanide, protect and rehabilitate the environment, governed by European and Internationals Directives. This paper analyzes the potential economic development based on exploitation and processing of Romania non energy raw materials in a global context and directions regarding sustainable development in this area. It provides specific examples of new gold mining projects in Romania and its sustainable development

Keywords: non-energetic raw materials, economic development, risk in gold mining, susteinability of raw materials

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