Gabriel Resources unaware of Rosia Montana ‘audit’

TSX-listed Gabriel Resources on Thursday said it had no knowledge of an “audit” that would reportedly impact the technical analysis committee (TAC) review of the environmental impact assessment of the Rosa Montana gold and silver project, in...

Gabriel says still talking to Romania regarding gold royalty rates

Gabriel Resources said on Thursday it was still working with the government to potentially alter the its ownership and royalty rate at the Rosia Montana gold and silver project in Romania. The eastern European country earlier this week said it...

Gabriel CEO buys shares

Gabriel Resouces CEO Jonathan Henry bought 25 000 shares in the company at an average price of C$5,75 apiece, the firm said on Monday. Henry, who joined Gabriel as CEO on June 1, now holds 25 000 common shares in Gabriel, 1,5-million incentive...

Rosia Montana review under way – Gabriel

The process for the environmental permitting of Gabriel Resources' Rosia Montana gold project is now under way, the company reported on Friday. Members of the Romanian government's technical analysis committee have begun meeting, which is a...

Gabriel Resources sees progress on big Romanian gold project

Gabriel Resources has received some good news on its delayed Rosia Montana project, in Romania

Rosia Montana could produce gold in 4-5 years – Gabriel CEO

Shares in Gabriel Resources surged on Friday, after the firm said that the government of Romania will restart the environmental review of its delayed Rosia Montana gold mine. But CEO Jonathan Henry cautioned that there is still a long process...

Gabriel appoints Hulley as chair, reconstitutes board

Canada's Gabriel Resources has appointed Keith Hulley, its former interim CEO, as nonexecutive chairperson of the board, after Michael Parrett stepped down with immediate effect. Alan Thomas, Raphael Girard, Ronald Simkus and Marcel DeGuire also...

Gabriel Resources appoints CEO

Canada's Gabriel Resources has appointed former Avocet Mining chief executive Jonathan Henry to the position of CEO from June 1, the company announced on Tuesday. The position has been held temporarily by Keith Hulley, since former CEO Alan Hill...

New Bateman head upbeat 
about project outlook

The new Bateman Engineering head John Ferreira says that a positive vibe has returned to the project business.

Executive chairperson Ferreira, 50, says that an indication of the quickening tempo is Bateman’s South African operation doing 16...

Gabriel Resources Q4 loss wider than estimates

Gabriel Resources reported a quarterly loss that was wider than analysts' estimates and said it requires about $1-billion to complete its high-potential Rosia Montana gold mining project in Romania. The company said it has developed a financing...

Gabriel directors resign, CFO to leave

TSX-listed Gabriel Resources, which is already looking for a new CEO, said on Friday that three directors will leave the board immediately and that the company's CFO and general counsel will both resign within the next four months. Directors Alan...

Steinmetz unit invests in Gabriel Resources

TSX-listed Gabriel Resources will raise C$67,5-million by selling shares and warrants in a private placement to BSG Capital Markets, a subsidiary of the Beny Steinmetz Group (BSG), the company announced on Wednesday. BSG will buy 30-million units...