Gabriel Resources Limited

New royalties scare Gabriel investors

Investors in Gabriel Resources (GBU-T) were hit by post-Christmas sticker shock after the government of Romania announced that it would be doubling royalties on gold production in the country.

The Cirnic pit at Gabriel Resources' Rosia Montana gold-silver project in Romania. Gabriel Resources

Gabriel gathers new momentum at Rosia Montana

The trials and tribulations of Gabriel Resources (GBU-T) and its Rosia Montana gold project in Romania’s Transylvania region have been well-documented in these pages since the late 1990s. 

Barrick buys 9% stake in Carpathian for $20 million

Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.   

Gabriel receives key permit for Rosia Montana

Vancouver – Gabriel Resources’ (BGU-T) much delayed Rosia Montana gold-silver project has been issued an archaeological discharge certificate, a key permit needed to move ahead with construction.

Carpathian Doubles Rovina Gold Resource

Carpathian Gold (CPN-T, CPNFF-o) has doubled the resource at its Rovina Valley project in the heart of the Golden Quadrilateral of western Romania’s Transylvania region, 300 km northwest of Bucharest.

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