Gabriel Resources plunges 53pct; threatens to sue Romania
Romanian Prime Minister Victor Ponta dealt a major blow to Canada's Gabriel Resources (TSE:GBU) on Monday after urging Parliament to reject draft legislation in support of the Rosia Montana gold mine...
View ArticleGabriel Resources ready to sue Romania for over $4bn
Canadian miner Gabriel Resources (TSX:GBU) continues to generate polemic around its proposed gold and silver mine in Romania, as the company said Wednesday it is ready to sue the country for as much as...
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Four thousand protesters march in Bucharest over Rosia Montana
Image posted on Twitter by @CanadaSaveRosia Protests against Europe's would-be largest gold mine hit their fifth straight week on Sunday, showing that opponents are nowhere near losing force. Thousands...
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Thousands rally in Romania against Chevron, Gabriel Resources
Protests against Chevron and Gabriel Resources in Campeni, Romania | Image Tweeted by @ambrablu Romanians rallied in the thousands this weekend again, protesting against US energy giant Chevron and...
View ArticleRomania delays Rosia Montana gold mine report to mid-November
The parliament of Romania has postponed to November a special commission's report on a bill that would let Canadian Gabriel Resources (TSX:GBU) build what it’d be Europe's largest open-pit gold mine....
View ArticleMining in Rosia Montana: Creating jobs for Romanians
By Catalin Hosu, the Regional Communications Manager for Rosia Montana Gold Corporation Without local jobs, young people flee, creating an enormous drain on a community and its ability to survive. This...
View ArticleCanadian miner still fighting for Rosia Montana despite parliamentary rejection
Gabriel Resources (TSE:GBU) is on damage control after the parliamentary commission shot down its proposed massive gold mine in Rosia Montana, Romania. The company's share price dropped by 11% after...
View ArticleHere's why John Paulson has protesters outside his house every Sunday
It's not easy being John Paulson on Sunday mornings: For the past seven Sundays in a row, a group of protesters have taken to gathering in front of his townhouse on the Upper East Side of Manhattan,...
View ArticleGabriel Resources says troubled Rosia Montana project cost up about $100 million
Despite suffering a major setback for its flagship project on Monday, Canadian miner Gabriel Resources (TSX: GBU) hasn’t given up on its massive gold mine in Rosia Montana, Romania, even though it will...
View ArticleGabriel’s subsidiary probed for money laundering and tax evasion in Romania
Rosia Montana Gold Corporation (RMGC), a Romanian mining company majority owned by Canada’s Gabriel Resources (TSX: GBU), is being investigated for alleged money laundering and tax evasion by local...
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Gabriel Resources’ latest setback: Romanian parliament rejects mining reforms
Romanians celebrate the parliament's decision. The Romanian Parliament rejected Tuesday revisions to general mining rules that would’ve helped the development of key projects, including Gabriel...
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Gabriel Resources uncertain about future of Romanian gold project
Future of Rosia montana in limbo. Canadian Gabriel Resources (TSX:GBU) reported Thursday a fourth quarter loss of $500,000 related to expenses associated with the ongoing review of its flagship Rosia...
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Romania deals major blow to Gabriel Resources gold mine: on hold indefinitely
Image by AndreDea Romania's lower house of parliament may have put the last nail in the coffin for Canada's Gabriel Resources (TSX:GBU) Rosia Montana project, by rejecting Tuesday a bill that would...
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Gabriel Resources says Romania holding gold project 'hostage'
Rosia Montana is a community of 16 villages located in a district known as the Golden Quadrilateral, in the South Apuseni Mountains of Transylvania, Romania. After spending 15 years trying to build a...
View ArticleTop reasons why Eldorado investors should stay away from Certej project
Mining Watch Romania in association with 22 Romanian and international NGOs is pleased to present Anticipating Surprise-Assessing Risk: An investors’ guide to Eldorado Gold’s Certej mine proposal...
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Romania opens door to new gold, copper project led by Canadians
The Rovina Valley project is located in the southern part of the Apuseni Mountains. Romania’s National Agency for Mineral Resources has granted Canadian explorer Carpathian Gold Inc. (TSX:CPN) a...
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Fresh setback for Gabriel Resources in Romania, Rosia Montana named historic...
Rosia Montana is a community of 16 villages located in a district known as the Golden Quadrilateral, in the South Apuseni Mountains of Transylvania, Romania.(Image by AndreDea, 2003) After spending 15...
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Canadian mining company in London targeted by protesters over EU-Canada trade...
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...
View ArticleCanada’s Gabriel Resources sues Romania for $4.4bn over halted mine
Canada’s Gabriel Resources (TSX:GBU) is suing Romania for $4.4 billion in alleged losses over its long-stalled Rosia Montana gold and silver project, which the government of that country refused to...
View ArticleRomania wants former mining city of Rosia Montana to be pulled from UNESCO list
Romanian Prime Minister Mihai Tudose plans to ask UNESCO to revoke the status of World Heritage site for the former mining town of Rosia Montana, as the nomination means important gold reserves can no...
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