News update:Protest in Romania over new Gold mine,strike hits 17 mines in Africa
LONDON (Bullion Street): The Romanian government is facing stiff opposition as it moves ahead with its proposal to start an open-castgold mine in Carpathian town of Roia Montana. A new bill to be passed in Parliament will allow Canadian Gabriel Resources Ltd to mine 314 tons of gold and 1500 tons of silver thorugh its local arm and protestors said that government is flouting all rules to favour a foreign company.
South Africa mine strike:
Reuters reported that the strike in gold mines which began on Tuesday has impacted operations at 17 of the 23 mines where wage negotiations are still taking place.