* Andrew Prelea, the CEO of African Consolidated Resources: "Mining in the region, a success story for Baia Mare and Romania"
Three companies have expressed their interest in the reopening of the mines which are among the assets by Remin, according to some sources close to the project. "following the announcement he made, we have launched three letters of intent, and in the coming period we will meet with each of them in turn to evaluate a possible project in Baia Mare", Remin officials told us yesterday.
Among investors who had already expressed interest in the relaunch of the activity of Remin are African Consolidated Resources (AFCR), which has recently concluded a memorandum of understanding with Remin Baia Mare, as well as Metals Finance Limited, a company specializing in mining activities present in Australia and South Africa.
The memorandum between the AFCR and Remin have validity period of six months, offering the possibility of conducting the necessary due-diligence activities.
Andrew Prelea, the CEO of the Romanian branch of the AFCR, yesterday gave us an exclusive statement: "The due diligence project is progressing as expected. The preliminary analyses have concluded, and the team of experts regularly travels to Romania to reach our goals within the established deadlines".
He said that four experts frequently come to Romania, for periods of 2-3 weeks, meaning that the evaluation and the preparation of the mining project of Baia Mare will take place according to schedule: quickly and efficiently.
Andrew Prelea also said that the company is currently conducting an environmental study to thoroughly observe the impact on the area.
"This study is looking to identify the current situation of the environment, to allow the project to comply with the environmental regulations of Romania and of the EU, in order to have a s