Nowadays, all mineral resources are the property of the Romanian state. Mineral rights can be legally
obtained, following a concession procedure, from the National Agency for Mineral Resources (NAMR).

The Mining Law, as well as the Petroleum Law, have gone through changes, during the past 10 years, so
that the legal regime they provide, meet a certain set of essential criteria for private investors and
financing entities in this industry.

Our services in this area include legal advice/assistance/representation in relation to:

· Acquisition of mineral rights (preparation of tender documentation and completion of tender
procedure, negotiation of license terms with the NAMR, preparation of documentation in respect to
transfer of license and completion of transfer procedure);
· Drafting of amendments to licenses and other related documents (i.e. confidentiality agreements)
and their negotiation with the NAMR;
· Legal issues related to the evaluation of mineral properties (geological studies, pre-feasibility and
feasibility studies), Romanian legal requirements in respect to basic and detailed engineering,
permitting (including cultural, environmental, construction, etc.), environmental
compliance/remediation/restoration legal requirements, procedures and documentation;
· Acquisition of surface rights;
· Various operational issues (i.e. work safety industry regulations, trading of mineral products,
etc.).