Move could mean good news for Gabriel Resources' long-stalled namesake gold project.
ROMANIA Mining News
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.
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 Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.
The decision grants Rosia Montana protection from industrial activities, including mining.
This is first time Romania grants a mining license without the involvement of a state-owned enterprise.
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.
The company has been trying for 15 years to get a permit for Rosia Montana, poised to be Europe's biggest gold mine.
It has a ferris wheel, mini golf course, bowling lane, boating on the underground lake and a sports arena.
The lower house of parliament rejected bill that would have allowed the firm to proceed with its Rosia Montana project.
The miner may lay off 400 workers at its Romanian subsidiary unless prospects for its Rosia Montana gold and silver mine improve.
The company's Perama Hill project still needs approval to begin construction, while its larger Skouries project keeps facing opposition.
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?
New mining listings in the Toronto Stock Exchange and its junior counterpart, the TSX-V, continue to dive.
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.
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.
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.
Europe's largest gold mine will cost Gabriel Resources US$15 billion.
With a 16% stake in Gabriel Resources', Paulson is the controversial miner's biggest individual investor
Gabriel said that the parliamentary commission tasked with reviewing the project did not reject the plans.
But it may not be the end of the road for Canadian firm Gabriel Resources' massive Rosia Montana mine.
For years, Romania’s traditional mining communities have struggled to find work in their local communities, following the closure of the majority of the country’s mines in the late 90’s and early 2000’s.
Nearly every person was employed at a coal mine that shut in 2006. City declared bankruptcy in September.
Parliament's special commission couldn't agree on a recommendation by Oct. 20, the original deadline.
Thousands of people gathered in the Romanian capital Bucharest and other cities on Sunday in a show of opposition against the Rosia Montana project in Transylvania