Romania wins legal battle vs Canadian miner
BUCHAREST: The Romanian government has won a yearslong legal dispute with a Canadian mining company, seeking damages over failed plans to open a gold and silver mine in the Eastern European country. Gabriel Resources was seeking $4.4 billion (4 billion euros) in damages from the Romanian state, which owned a 20 percent stake in the […]
Tomas Kauer - News Moderator 
BUCHAREST: The Romanian government has won a yearslong legal dispute with a Canadian mining company, seeking damages over failed plans to open a gold and silver mine in the Eastern European country.
Gabriel Resources was seeking $4.4 billion (4 billion euros) in damages from the Romanian state, which owned a 20 percent stake in the mining project in Rosia Montana, a mountainous western region that contains some of Europe’s largest gold deposits. The Romanian government withdrew its support for the project in 2014.
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