Rosia Montana Mining News

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.

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.

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.

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.

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?

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.

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

Canadian miner still fighting for Rosia Montana despite parliamentary rejection

Gabriel said that the parliamentary commission tasked with reviewing the project did not reject the plans.

Mining in Rosia Montana: Creating jobs for Romanians

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.

Rosia Montana and misguided activism

Instead of constructively engaging in bringing benefits to the Romanian people, activists have instead chosen to spread fear with a campaign of misinformation.

Romania delays Rosia Montana gold mine report to mid-November

Parliament's special commission couldn't agree on a recommendation by Oct. 20, the original deadline.

Thousands rally in Romania against Chevron, Gabriel Resources

World-wide protests against shale gas continue.

Four thousand protesters march in Bucharest over Rosia Montana

Hundreds also march in London.

Gabriel Resources ready to sue Romania for over $4bn

The debated mine has cost the company more than $580 million, a dramatic loss in market value and no fewer than seven different CEOs.

Gabriel Resources plunges 53pct; threatens to sue Romania

Romanian PM tells Parliament to reject draft legislation in support of mine.