ROMANIA Mining News

Eldorado Gold’s Bolcana project has 6.5m ounces of gold

The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields between 2002 and 2004.

Euro Sun gets mining license for Rovina in Romania

The Euro Sun describes it as one of the largest mineral deposits in the European Union.

ArcelorMittal sells assets to Liberty House to facilitate Ilva deal

ArcelorMittal, the world's largest steel producer, has agreed the sale of plants in the Czech Republic, Romania, Macedonia and Italy.

Romania says Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators

Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.

Results of Gabriel's lawsuit against Romania may be known late 2019

Company is seeking $4.4 billion in compensation for alleged losses related to its Rosia Montana gold and silver project, which Bucharest halted following relentless protests.

Here's what to expect in terms of Eldorado Gold exploration projects

Canadian gold miner provides an update on exploration activities completed to date in 2017.

Romania wants city of Rosia Montana application to be pulled from UNESCO list

Move could mean good news for Gabriel Resources' long-stalled namesake gold project.

Canada’s Gabriel Resources sues Romania for $4.4bn over halted mine

The company argues the Central European country violated several investment treaty provisions in its claim to the bank’s International Centre for Settlement of Investment Disputes.

Canadian mining company in London targeted by protesters over EU-Canada trade deal

Last night activists obliterated the words ‘democracy’, ‘environment’ and ‘justice’ with gold spray paint outside the offices of a Canadian mining company, in a protest designed to draw attention to the corporate court system being proposed under the EU-Canada trade deal, CETA.

Eldorado announces new exploration projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.

Fresh setback for Gabriel Resources in Romania, Rosia Montana named historic site

The decision grants Rosia Montana protection from industrial activities, including mining.

Romania opens door to new gold, copper project led by Canadians

This is first time Romania grants a mining license without the involvement of a state-owned enterprise.

Top reasons why Eldorado investors should stay away from Certej project

The report exposes a compendium of risks associated with the Certej gold project and highlights some less evident or known facts that in return are likely to impair ELD’s ability to develop it.

Gabriel Resources says Romania holding gold project 'hostage'

The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.

Abandoned Romanian mine now an underground theme park

It has a ferris wheel, mini golf course, bowling lane, boating on the underground lake and a sports arena.

Romania deals major blow to Gabriel Resources gold mine: on hold indefinitely

The lower house of parliament rejected bill that would have allowed the firm to proceed with its Rosia Montana project.

Gabriel Resources uncertain about future of Romanian gold project

The miner may lay off 400 workers at its Romanian subsidiary unless prospects for its Rosia Montana gold and silver mine improve.

Eldorado Gold plans to build mines in Greece not likely to happen before May

The company's Perama Hill project still needs approval to begin construction, while its larger Skouries project keeps facing opposition.

Social licence to operate – trust before gold

Two gold mines, two thousand miles apart. Both were closed down in 2006. One is still held back by the legacies of the past. One is set to reopen in 2014. What lessons can they teach us about SLO?

Canadian miners among the most hurt in 2013

New mining listings in the Toronto Stock Exchange and its junior counterpart, the TSX-V, continue to dive.

Gabriel Resources’ latest setback: Romanian parliament rejects mining reforms

The legislation could have enabled Canada's Gabriel Resources to proceed with plans to build Rosia Montana mine, Europe's largest open cast gold operation.

Gabriel’s subsidiary probed for money laundering and tax evasion in Romania

Rosia Montana Gold Corporation (RMGC), is said to have paid more than $300,000 to a firm prosecutors say is a phantom company used by organized crime networks.

Archeology could be final nail in Rosia Montana coffin

A report about the significance of Roman-era workings at Gabriel Resource's massive gold-silver project in Romania takes Rosia Montana a step closer to World Heritage status.

Gabriel Resources says troubled Rosia Montana project cost up about $100 million

Europe's largest gold mine will cost Gabriel Resources US$15 billion.

Here's why John Paulson has protesters outside his house every Sunday

With a 16% stake in Gabriel Resources', Paulson is the controversial miner's biggest individual investor