World Bank

Gabriel Resources starts to lose everything at Roșia Montană: the environmental permit for the industrial area’s urban plans was suspended

Zonal Urban Plan of Roșia Montană

Roșia Montană, 21. September 2015 - Bacău Court of Justice admitted on 09.16.2015 the claims of Alburnus Maior, the Independent Centre for the Development of Environmental Resources and Salvați Bucureștiul associations for suspending the legal effects of the environmental permit of the Zonal Urban Plan - industrial development area Roșia Montană (PUZ). The environmental approval was issued by the regional Environmental Protection Agency Sibiu (ARPM Sibiu) in March 2011.

Canadian Center for Policy Alternatives (CCPA): Canadian corporations abuse investment treaties, bully governments into environmental backtrack

A Losing Proposition - The Failure of Canadian ISDS Policy at Home and Abroad

6. August 2015 - Canadian investors have exploited a controversial mechanism in international investment treaties to challenge public interest regulations in 24 different countries, according to a study released today by the Canadian Centre for Policy Alternatives (CCPA).

The end of an affair! Gabriel to sue Romania over Roșia Montană via an ISDS case

21. July 2015 - This is the date when the locals of Roșia Montană obtained a subtle confirmation that their village is saved from the destruction of Gabriel Resources. The company admitted yesterday in a press release that they have lost hope in ever mining Europe’s largest gold deposit. At the same time Gabriel Resources announced the submission of a Request for Arbitration at the World Bank's International Centre for Settlement of Investment Disputes.

Gabriel Resources threatens Romania with arbitration over murky mine

"Corporation doesn't do the legislation" written on the banner

Roșia Montană, 21. January 2015 – Formal notification from Gabriel Resources (TSX:GBU) to 'amicably settle differences related to its mine proposal’ is an official and at the same time desperate confirmation that it can’t continue develop the Roșia Montană mine. 15 years after starting it all off, the company’s management has now initiated formal steps to start arbitration to avoid acknowledging failure.

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