TSX posts marginal gains, Dec. 27-29
Canada’s benchmark index rose 0.27% on a shortened trading week to 16,209.10.The S&P/TSX Global Mining Index gained 0.82% to 72.31 while the S&P/TSX Global Gold…
Gabriel Resources Limited
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.
Toronto Stock Exchange, Sept. 9-13
The S&P/TSX Composite Index sank 131.24 points during the trading week to finish the period at 12,723.40, as concerns over the U.S. Federal Reserve’s tapering stimulus lingered.
Gabriel pushes forward at Rosia Montana gold project
Gabriel Resources (TSX: GBU) is intent on proving the naysayers wrong and the latest word out of Romania indicates it may well be on its way to doing just that.
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,…
Toronto Stock Exchange, May 13-17
The S&P/TSX Composite Index rode an up-and-down period and came out ahead, as it gained 41 points to 12,613.12, largely on sentiment that the U.S. economy is recovering.
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Toronto Stock Exchange
TSX falls as global situation weighs on investors
The TSX Composite Index fell 342 points to 11,877.72 in the Nov. 12-16 period as investors continued to focus on a series of tough global issues.
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Toronto Stock Exchange
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.
New royalties rattle Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-holiday blues after the Romanian government announced that it would be doubling royalties on gold production in the country.