Gabriel Resources spends USD 61 mln on the Rosia Montana project in Romania in 2011

Canadian Gabriel Resources spent USD 61 million on the Rosia Montana gold and silver mining project development activities in 2011, while in the fourth quarter of last year the amount was USD 21 million, according to the company. “The project remains a high profile issue in Romania, with wide coverage in television debates, on the internet and in print media, as well as being the subject of comment from leaders of all major political parties in Romania,” reads a statement from the ...

Developed by Codecraftsman