Romania’s President Traian Basescu has made a proposal to the country’s Central Bank to double the country’s gold reserves to almost 200 tons after developing the Rosia Montana gold mine, together with Gabriel Resources Ltd. (GBU).
Romania’s The board of the Central bank is expected to analyze the future structure of the country’s international reserves and a possible increase of the gold reserve.
You can find the history of Romania’s Gold reserves here
Click here to go to the Rosia Montana mine with Google Earth
