Polymetallic deposits, an asset of Romania in the economic battle of the future

By Edwig Ban
The global economic structure is rapidly adapting to the changes required by the creation of a clean technological climate, but also to the economic revolution, which encompasses all sectors of industry and social life.
Already, in the world the competition between the big economic players for the new architecture of the development has begun.
In this competition, rare metals are essential. From the point of view of the deposits, as well as of the technologies used for their extraction. China dominates the geography of the rare earth. It is shown that, at present, China produces between 85% and 90% of the rare earth, strategic metals indispensable to new technologies and renewable energies. The US, but also the Europeans, in turn, are the beneficiaries of technologies for separating rare earth for the extraction of important quantities of rare metals.
In this competition, there are also small countries that can be increasingly attractive for the global competition in the field.
Romania is one of the states that have inseminated deposits in the basement.
Romania’s copper deposits are estimated at 900 million tonnes, at a concentration of at least 16% pure copper; gold deposits are estimated at about 6,000 tons; we have 450,000 tons of arsenium in the deposit.
The polymetallic ores are also very present in Romania. In one ton of polymetallic ore are 10 grams of molybdenum, 30 grams of nickel and cobalt, 50 grams of chromium, 300 grams of gallium, 1,000 grams of titanium, 2,500 grams of vanadium and 5,000 grams. grams of arsenic.
According to the Encyclopedia of Mineral Resources, in Romania there are 90 million tons of polymetallic ores.
The gold deposits in Romania, most of them located in the “gold quadrilateral” – that is, the perimeter of Baia de Criş, Săcărâmb, Zlatna and Baia de Arieş, from the Apuseni Mountains – but also in Maramureş, have been efficiently exploited for a long time. “During Ceausescu’s time, they extracted between 14 and 20 tons of gold per year. But after 1990, the extraction decreased dramatically, and in 2005, the mines were closed. Officially it was said that they were exhausted, “said Dr. Eng. Florea Neagu, former director of the Institute of Mining Designs, the man who designed and made gold mines in the” gold quadrilateral “.
At the base of the exhaustion was a strange maneuver of the National Bank of Romania (BNR). In 2000, the NBR refused to buy gold from the Romanian mines on the grounds that it cannot have a larger reserve of precious metal than 15% of all that means a foreign reserve. As these mines were not allowed to sell the extracted metal other than the National Bank, they gave, as expected, bankruptcy.
The idea of this analysis started from an information one that I found in the economica.net: A Romanian is preparing to get gold from Baie de Arieş (in the center of Romania) Blueberry Ridge Minerals Company is preparing for listing on the Bucharest Stock Exchange. According to the company administrator, Ema Gavrilă, the exploration period for the gold mine at Baia de Arieş has been completed, and the company is waiting for the mining license to be released from the mine until February 2020.
It is estimated that, at present, at least two dozen foreign companies have requested concessions perimeters for the prospecting and exploitation of gold deposits and other rare metals.
The battle for the extraction of rare ore from the underground of Romania has begun. Unfortunately, the governments of recent years have not given importance to this wealth of the country. Perhaps only private investments will bring to the surface a wealth that would once again place us on the map of strong states in the exploitation of gold, copper or polymetal deposits.