Rosia Montana victorie
Canadian company Gabriel Resources’ Romanian subsidiary has offices in London.
After lengthy debates inside parliament and widespread demonstrations throughout the country, Romania’s deputies today rejected a series of amendments designed to kick-start the hugely unpopular Rosia Montana mine development. This decision presents an unprecedented victory to Romania’s civil society and a heavy if not mortal blow to Gabriel Resources, the mine project owner. Ahead of the vote shares of Gabriel Resources had risen by 20% over the weekend.
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