{"id":299,"date":"2014-01-14T12:39:23","date_gmt":"2014-01-14T10:39:23","guid":{"rendered":"https:\/\/miningwatch.ro\/sitenou\/?page_id=299"},"modified":"2014-03-14T16:01:58","modified_gmt":"2014-03-14T14:01:58","slug":"baita-bihor","status":"publish","type":"page","link":"https:\/\/miningwatch.ro\/en\/baita-bihor\/","title":{"rendered":"Baita Bihor"},"content":{"rendered":"<p><\/p>\n<p lang=\"ro-RO\"><span class=\"symple-highlight symple-highlight-green \">Name of the mining area:<\/span>\u00a0B\u0103i\u0163a Bihor<br \/>\n<span class=\"symple-highlight symple-highlight-green \">Location:<\/span>\u00a0B\u0103i\u0163a \u015etei, Bihor<br \/>\n<span class=\"symple-highlight symple-highlight-green \">Licence permit number:<\/span>\u00a0exploitation permit no. 999\/11.1999<sup><sup><a href=\"#sdfootnote1sym\" name=\"sdfootnote1anc\"><br \/>\n<\/a><\/sup><\/sup><span class=\"symple-highlight symple-highlight-green \">Project holder 2013:<\/span>\u00a0B\u0103i\u0163a SA<br \/>\n<span class=\"symple-highlight symple-highlight-green \">Shareholders:<\/span>\u00a0The Romanian State, Mining Minerals (in insolvency), subsidiary Dacian Mining<\/p>\n<span class=\"symple-highlight symple-highlight-green \">Data on the deposit:<\/span>\u00a0copper, gold and other metals<br \/>\n<span class=\"symple-highlight symple-highlight-green \">Project permitting stage:<\/span> &#8211;<\/p>\n<div id=\"map_canvas_9645\" class=\"googlemap \" style=\"height:250px;width:100%\"><input class=\"title\" type=\"hidden\" value=\"Baita Stei\" \/><input class=\"location\" type=\"hidden\" value=\"Baita Stei, Bihor, Romania\" \/><input class=\"zoom\" type=\"hidden\" value=\"10\" \/><div class=\"map_canvas\"><\/div><\/div> <hr class=\"symple-divider dashed \" style=\"margin-top: 20px;margin-bottom: 20px;\" \/>\n<div class=\"symple-column symple-one-half symple-column-first  \">\n<p><b>Bai\u021ba Bihor &#8211; general aspects<\/b><\/p>\n<p>Mineral Mining obtained from the Romanian state the mining right for polymetallic [\/symple_highlight] (copper rich) ores, as per the license issued by ANRM in 1999. The company performed <span class=\"symple-highlight symple-highlight-green \"> underground works in B\u0103i\u0163a mine, <\/span> its activity being characterized by delays and failure to pay salary rights to the 170 workers in 2010. (<a href=\"http:\/\/www.realitatea.net\/minerii-de-la-baita-vor-sa-dea-in-judecata-mineral-mining-pentru-a-si-recupera-salariile-restante_701550.html\" target=\"_blank\">link<\/a>) One year later <span class=\"symple-highlight symple-highlight-green \"> the company entered the reorganisation procedure, with a receiver in bankruptcy being appointed for\u00a0<a href=\"http:\/\/www.bihon.ro\/mina-baita-vanduta-pentru-15-milioane-de-euro\/news-20110317-03573420\" target=\"_blank\">administering<\/a>\u00a0the company. <\/span> Given Mineral Mining&#8217;s lack of technical and financial capacity to mine the ore, the\u00a0<a href=\"http:\/\/www.bihon.ro\/minerii-preluati-de-principalul-creditor\/news-20110112-01552479\" target=\"_blank\">license was transferred<\/a>\u00a0to B\u0103i\u0163a SA, the state company being also the main creditor, with loans of 30 billion old lei to recover.<\/div>\n<p>In the same spring of 2011 the junior company Eldore Mining Corporation (<a href=\"https:\/\/www.google.com\/finance?cid=701200\" target=\"_blank\">transformed<\/a>\u00a0in July 2012 in Stratos Resources Limited), listed on the stock exchange in Australia, expressed its<a href=\"http:\/\/www.proactiveinvestors.com.au\/companies\/news\/16603\/eldore-mining-corporation-lands-financing-to-acquire-baita-copper-mine-in-romania-16603.html\" target=\"_blank\">\u00a0intention<\/a>\u00a0to purchase\u00a0<a href=\"http:\/\/stratosresources.com.au\/sites\/stratosresources.com.au\/files\/asx-announcements\/41zrb8lvv4s9s9.pdf\" target=\"_blank\">B\u0103i\u0163a mine<\/a>\u00a0and to extend their activity by gold mining. According to a\u00a0<a href=\"http:\/\/stratosresources.com.au\/sites\/stratosresources.com.au\/files\/asx-announcements\/41xhjv6zj645g7.pdf\" target=\"_blank\">press release<\/a>\u00a0of Eldore, the mine&#8217;s purchase value was set at 15 million dollars. In the same period the interim administrator Alexandru Istoc, former trade union leader, stated that Mineral Mining in involved in an ongoing financial scandal in Sweden, failing &#8220;to justify there some 10 million Euro. The amount they claimed to have invested in B\u0103i\u0163a. However here they bought nothing but some shovels\u201d(<a href=\"http:\/\/www.bihon.ro\/mina-baita-vanduta-pentru-15-milioane-de-euro\/news-20110317-03573420\" target=\"_blank\">link<\/a>). On 5 December 2011, Eldore announced they would withdraw from purchasing the B\u0103i\u0163a mine and would target more advanced\u00a0<a href=\"http:\/\/stratosresources.com.au\/sites\/stratosresources.com.au\/files\/asx-announcements\/4232gtcnhcbmx5.pdf\" target=\"_blank\">projects<\/a>.<\/p>\n\u00a0<a href=\"http:\/\/www.facebook.com\/faracianura\" class=\"symple-social-icon \" title=\"Like Us\"><img decoding=\"async\" src=\"https:\/\/miningwatch.ro\/sitenou\/wp-content\/plugins\/symple-shortcodes\/shortcodes\/images\/social\/facebook.png\" alt=\"facebook\" \/><\/a> <hr class=\"symple-divider dashed \" style=\"margin-top: 20px;margin-bottom: 20px;\" \/>\n<div class=\"symple-callout symple-clearfix  \"><div class=\"symple-callout-caption\"> Rom\u00e2nia, mined field. <\/div><div class=\"symple-callout-button\"><a href=\"https:\/\/miningwatch.ro\/sitenou\/wp-content\/uploads\/2014\/01\/RaportGeneral-MiningWatchRomania.pdf\" class=\"symple-button normal teal\" title=\"Visit Site\"  rel=\"nofollow\" target=\"_blank\"><span class=\"symple-button-inner\" >Read report<\/span><\/a><\/div><\/div>\n<p>Mining is an industry with an extremely high stake for public policies and financial markets, but particularly for the directly affected communities and ecosystems. While the industry highlights its capacity to generate wealth and the use of modern technologies, the responsibility for the risks, costs and liabilities generated has never been fully assumed. The industry\u2019s domination in the area of public policies prevented a change of the status-quo, and the local communities\u2019 voice remains marginal in the public discourse. The shift of mining companies\u2019 interest from large investment projects to smaller but more numerous projects has a major impact upon local communities, with public attention being thus dissipated in many directions and the permitting procedures being simplified.<br \/>\n<hr class=\"symple-divider dashed \" style=\"margin-top: 20px;margin-bottom: 20px;\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0B\u0103i\u0163a Bihor \u00a0B\u0103i\u0163a \u015etei, Bihor \u00a0exploitation permit no. 999\/11.1999 \u00a0B\u0103i\u0163a SA \u00a0The Romanian State, Mining Minerals (in insolvency), subsidiary Dacian Mining \u00a0copper, gold and other metals &#8211; In the same spring of 2011 the junior company Eldore Mining Corporation (transformed\u00a0in July 2012 in Stratos Resources Limited), listed on the stock exchange in Australia, expressed its\u00a0intention\u00a0to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-299","page","type-page","status-publish"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Baita BihorB\u0103i\u021ba Bihor - Mining Watch Romania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/miningwatch.ro\/en\/baita-bihor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Baita BihorB\u0103i\u021ba Bihor - Mining Watch Romania\" \/>\n<meta property=\"og:description\" content=\"\u00a0B\u0103i\u0163a Bihor \u00a0B\u0103i\u0163a \u015etei, Bihor \u00a0exploitation permit no. 999\/11.1999 \u00a0B\u0103i\u0163a SA \u00a0The Romanian State, Mining Minerals (in insolvency), subsidiary Dacian Mining \u00a0copper, gold and other metals &#8211; 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