Roşia Montană News is designed to inform the debate around the region’s gold mine.
This website has been developed by Roşia Montană Gold Corporation (RMGC), which was established in 1997 in Alba County, Romania. The company’s shareholders are the state company Minvest Deva – with 19.31% and Gabriel Resources – with 80.69%. RMGC is due to develop the most modern mine in Romania, in Roşia Montană, bringing major benefits to the Romanian economy. As a model mine, Roşia Montană Project will set up a new standard for responsible and sustainable gold mining, both at the level of the European Union and worldwide.
Gabriel Resources is listed on the Toronto Stock Exchange (GBU symbol). Up to date, Gabriel Resources has invested more than $550 million USD in Romania through Roşia Montană Gold Corporation. The total further investment for the development of the mining project is estimated at $1.5 billion USD.