Gabriel Resources Limited


The historic Cetate pit at Gabriel Resources' Rosia Montana gold-silver project in Romania. Credit: Gabriel Resources

Gabriel to fire 400 employees in Romania

Gabriel Resources (TSX: GBU; US-OTC: GBRRF) is set to reduce its workforce by 80%, or 400 employees, at its Rosia Montana gold–silver project in Romania if the new government makes no clear move to advance the project.


Gabriel takes one step forward, two steps back

Just when Gabriel Resources (TSX: GBU; US-OTC: GBRRF) looked to be getting new traction on developing the Rosia Montana gold mine in Romania, a spate of protests appears to have turned the country’s prime minister against the project.




The historic Cetate pit at Gabriel Resources' Rosia Montana gold-silver project in Romania. Source: Gabriel Resources

Gabriel remains hopeful at Rosia Montana

Gabriel Resources (TSX: GBU; US-OTC) may see a positive development at its delayed Rosia Montana gold-silver deposit in west-central Romania, as the government recently highlighted the asset in its new plan to attract foreign investment,…






TSX down as commodities continue to slide

The TSX Composite Index was off 278 points to 12,103.11 for the holiday shortened April 2 -5 period despite a solid job creation report from Statistics Canada. The report showed far more jobs were created in March than economists had predicted.