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.
See http://www.minesandcommunities.org/article.php?a=12513.
See also https://londonminingnetwork.org/2013/12/romanias-new-mining-law-is-dead-long-live-rosia-montana/. 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.
See http://www.minesandcommunities.org/article.php?a=12513.
See also https://londonminingnetwork.org/2013/12/romanias-new-mining-law-is-dead-long-live-rosia-montana/.