Romania defeats Canadian miner Gabriel Resources' $4.4B damages claim in Rosia Montana gold and silver mine dispute.
Romania wins legal battle against Canadian miner Gabriel Resources over failed plans to open a gold mine. The Romanian government defeated a $4.4B damages claim by Canadian developer Gabriel Resources for quashing the Rosia Montana project, a gold and silver mine, over environmental concerns. The World Bank's international settlement arm dismissed Gabriel's case and awarded Romania about $10 million in legal fees and expenses.
March 09, 2024
31 Articles