Romania-Insider | 24-Apr-2024
Earlier this year, ICSID dismissed the claims of Gabriel Resources in the Roșia Montană case. The court also obliged the companies to pay Romania the costs of the lawsuit, as well as interest.
Spotmedia | 8-Apr-2024
Romania has placed a lien on over 80% of the shareholding held by Gabriel Resources in Roșia Montană Gold Corporation to recover its $10 million arbitration costs incurred over a 9-year process in Washington.
Radio-Canada | 11-Mar-2024
Une compagnie minière canadienne a perdu une procédure d’arbitrage contre la Roumanie, qui avait bloqué son projet d’exploitation d’une mine d’or sur un site désormais inscrit sur la liste du patrimoine mondial de l’UNESCO, a annoncé Bucarest.
ABC News | 11-Mar-2024
The Romanian government has won a years long legal dispute with a Canadian mining company seeking damages over failed plans to open a gold and silver mine in the Eastern European country.
Junior Mining Network | 21-Dec-2023
The tribuna has extended the period to draw up and sign the award for a further 60 days. Accordingly, the Tribunal must issue the award on or before March 12, 2024.
Romania-Insider | 19-Sep-2023
The final amount requested by Gabriel through interest recalculation has doubled, reaching USD 6.5 billion.
Romania-Insider | 26-May-2023
Canadian company Gabriel Resources, the majority shareholder of the developer of the blocked gold mining project in the Apuseni Mountains, seeks to raise up to USD 4.75 mln from investors with a private placement.
IISD | 7-Nov-2022
Cette affaire concerne un différend lancé contre la Roumanie par 10 investisseurs en réponse aux modifications apportées par la Roumanie à un régime d’incitation visant à attirer les investissements dans les sources d’énergie renouvelables.
Balkan Green Energy News | 26-Oct-2022
A tribunal operating under the World Bank has ruled in favor of ten companies that initiated arbitration with the argument that Romania violated the Energy Charter Treaty by lowering incentives for their solar power plants.
SeeNews | 27-May-2022
Canada’s Gabriel Resources, which holds a licence for the Rosia Montana gold and silver mine, said that it aims to raise $5.6 million from investors, which it will use mainly to finance the costs of an arbitration claim against Romania.