Gabriel Resources loses damage claim against Romania for failed gold

However, in 2021 UN added the ancient Roman gold mining area of Rosia Montana in western Romania to its list of protected World Heritage Sites. (By Luiza Ilie; Editing by Matthew )

Rosia Montana Gold Corporation

Rosia Montana Gold Corporation | 1,812 followers on LinkedIn. Roşia Montana Gold Corporation (RMGC) este o companie înfiinţată în anul 1997, în judeţul Alba, în care acţionari sunt ...

Romania mining town Rosia Montana eyes UN restart

But some Rosia Montana villagers worry that this heritage will be destroyed if the gold mining project of Canada's Gabriel Resources -- which would mean the levelling of four peaks -- goes ahead.

Roșia Montană | For UN World Heritage Travellers

Apparently, different artefacts found here prove that gold mining in the Rosia Montana region started well before Romans, although on a much smaller scale. Most of the golden Thracian artefacts on display in different museums in Bucharest and in Sofia most probably came from this region. The guided tour down the Roman mine explores just a mere ...

Romania says Gabriel Resources $4.4bn lawsuit over halted

Gabriel Resources (TSX-V:GBU) lawsuit against Romania for $4.4 billion in alleged losses related to the company's stalled Rosia Montana gold and silver project, suffered a setback this week as ...

Rosia Montana Mining Landscape and Museum World …

Rosia Montana is a municipality made up of 16 villages along the River Rosia in an area known as the Golden Quadrilateral where gold, silver and copper have been extracted since Roman times. It became famous in the early twenty-first century because the Canadian company Gabriel Resources proposed to develop Europe's largest open-cast …

Ancient Gold Mining in Rosia Montana (Apuseni Mts, Romania)

Rosia Montana, or Alburnus Maior as was called by the Romans, is a famous ancient gold mining area located in the Apuseni Mts, at the western boundary of Transylvania, Romania. Its richness in gold was known and valued by ancient exploitations of river sediments or...

About Roșia Montană | Visit Roșia Montană

The gold-mining community of Roşia Montană lies in a historic landscape that is also rich botanically. The area adjacent to the village has several semi-natural habitats, especially High Nature Value (HNV) grasslands (oligotrophic pastures, mesotrophic hay-meadows) and mires, together with orchids and other plant species.

Romania: Mountains of Gold

But Rosia Montana's millennial mining saga remains far from over. For a few years now, a company called Rosia Montana Gold Corporation (80 percent owned by the Canadian company Gabriel …

Gabriel Resources asks USD 6.5 bln from Romania in gold mine …

Gabriel Resources, which sued Romania before the World Bank's International Center for the Settlement of Investment Disputes (ICSID) for administrative measures that blocked the development of the ...

Rosia Montana: how Romanians united to save …

Last week's decision by the Romanian government to seek UN World Heritage status for Rosia Montana, a historic Carpathian mountain village under threat of gold mining, is a massive victory for …

Rosia Montana | Gabriel Resources

Rosia Montana is a community of sixteen villages located in a district known as the Golden Quadrilateral, in the South Apuseni Mountains of Transylvania, Romania. The Golden Quadrilateral has been one of …

Rosia Montana Gold Mine

Our engineers provided a detailed design for the dams, roadways, plant site structures, and water pump stations and pipelines at the Rosia Montana Mine. When the mine moves …

UN names Romanian ancient gold mine settlement a …

Gabriel Resources, which had planned to build Europe's largest open cast gold mine in Rosia Montana, is currently seeking $4.4 billion in damages from Romania for losses related to its stalled ...

Rosia Montana Gold Mine & Hike (1 Day, From Cluj)

Nestled in the heart of the Carpathian Mountains, the Rosia Montana Gold Mine offers an unparalleled glimpse into Romania's rich mining heritage. This one-day excursion from Cluj-Napoca promises an immersive experience, blending a guided museum tour with a captivating hiking adventure through the region's awe-inspiring landscapes. …

Rosia Montana

Rosia Montana town and valley. Photo: Alburnus Maior. Local opposition to the mine is based in part on the disastrous experience at the Baia Mare gold mine in Romania, where a cyanide spill in 2000 polluted the Tisza and Danube Rivers, contaminating the drinking water supplies of 2.5 million people and killing 1200 tons of …

Rosia Montana: how Romanians united to save a mountain …

Last week's decision by the Romanian government to seek UN World Heritage status for Rosia Montana, a historic Carpathian mountain village under threat of gold mining, is a massive victory for campaigners after a hard 15-year struggle, writes Alexandru Predoiu - one that has united farmers, city-dwellers and new-age protestors …

Roșia Montană Mining Landscape | World Monuments Fund

A joint venture between the Romanian state and a foreign mining company would use cyanide to extract gold from what would become the largest open-pit gold mine in Europe. Four mountain peaks surrounding the town of Roșia Montană would be removed, destroying almost all archaeological evidence in the process.

The Rosia Montana Gold Mine

The mine is owned by the Rosia Montana Gold which is made up of Gabriel Resources that owns 80% shares and the government owned Minvest Deva which owns 20% shares and receives 6% royalty from the sale of gold and silver mined at the mine. History of the Rosia Montana Mine . Gold has been mined in Romania since the …

Gabriel's subsidiary probed for money laundering and tax

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.

Romania's Roșia Montană mining landscape added to …

The historic site of Roșia Montană, a gold mining site dating back to the period of the Roman Empire, was included on UN's world heritage list. The site was also added to the list of world ...

ECCHR: The goldmine in Roșia Montană, Romania

Plans for the mine in Roșia Montană in Transylvania would have seen open-pit gold mining with the use of cyanide, a highly toxic substance linked with serious environmental risks. ... Rosia Montana ISDS: World Bank tribunal partially admits Romanian villagers' arguments over controversial goldmine; 05.11.2018 Justice for Roşia Montană ...

Romania wins legal battle against a Canadian …

Gabriel Resources was seeking $4.4 billion (4 billion euros) in damages from the Romanian state, which owned a 20% stake in the mining project in Rosia Montana, a mountainous western region that …

Gabriel Resources loses damage claim against Romania for failed gold

However, in 2021 UN added the ancient Roman gold mining area of Rosia Montana in western Romania to its list of protected World Heritage Sites. Edited by Reuters . Back To Top

Romania delays Rosia Montana gold mine report to mid …

Gabriel Resources, the parent company of Rosia Montana Gold Corp. in a partnership with the Romanian government, owns an 81% share in the proposed open-pit mining project, while state-run CNCAF ...

Ancient Romanian Gold Mine Given UN …

A Roman-era gold mine in Rosia Montana in central Romania has been listed as a UN World Heritage site, making it more difficult for companies to resume mining operations in the precious …

Romania hit by $4.4bn damages claim over stalled gold mine project

Gabriel says the project would create more than 2,000 jobs during mine construction and more than 800 once operational. It could provide $5.7bn of direct benefits to Romania's economy over the ...

Romania scores unexpected victory in arbitration …

Short history of the Rosia Montana case. The history of the gold mining project at Rosia Montana started in the 1990s, when a company founded by Romanian businessman Frank Timis – Gabriel ...

Ancient Gold Mining in Transylvania: the Rosia Montana

ANCIENT GOLD MINING IN TRANSYLVANIA: THE ROȘIA MONTANĂ BUCIUM AREA** Keywords: gold mining, Transylvania, mining archaeology, Roșia Montana, Alburnus Maior, Bucium Abstract: In this study, the author reviews the older and newest discoveries regarding the ancient gold mining in the "Golden Quadrangle" of the Apuseni Mountains ...

Roșia Montană Mining Landscape | World …

A joint venture between the Romanian state and a foreign mining company would use cyanide to extract gold from what would become the largest open-pit gold mine in Europe. Four mountain peaks surrounding the …

Rosia Montana Gold Mine

The Rosia Montana Mine would use new technology and modern strategies to reinvigorate the local economy in a responsible way. This included an environmental impact assessment to identify the potential contamination of water, …

Rosia Montana gold mining project in the spotlight before …

At that time, Rosia Montana Gold Corporation (RMGC) - a foreign company that received in 1997, in association with a local state-owned company, a 20-year concession contract for a gold mining ...

Romanian politicians blame each other for expected fines in Rosia …

Romanian prime minister Marcel Ciolacu promised full transparency regarding the Rosia Montana gold mining project that ended in litigation that might cost the country's budget billions of dollars.

The people, the mine and the World Bank | New …

It's also two per cent of Romania's GDP, and it's what Canadian mining company Gabriel Resources is suing the country for after it halted a long-stalled goldmine project in Rosia Montana, in the northwest. Rosia Montana is a historic mountain village sitting on 2,000-year-old Roman mine galleries – and on Europe's largest known gold ...