| December 04, 2007 Gabriel Announces Plans to Scale Back Activities at Rosia Montana Toronto, Canada -- December 4, 2007 -- As mentioned in its third quarter press release of November 6, 2007, the Company -- through its 80% interest in its subsidiary Rosia Montana Gold Corporation (RMGC) -- 19% owned by the Government of Romania -- has been assessing all current activities. In light of the suspension of the EIA review process, the Company today announced plans to scale back activities. To date, the company has spent over US$300 million on the development of the Rosia Montana ... (6 KB) |
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| November 27, 2007 Brasov Regional Court of Appeal Annuls Archeological Discharge Certificate no. 4/2004 Toronto, Canada -- November 27, 2007 - Gabriel Resources Ltd. ("Gabriel") stated today that Romania's Brasov regional Court of Appeal rendered its decision to annul archeological discharge certificate no. 4/2004, relating to the Company's Rosia Montana Project. "We are very disappointed in the decision based on the merits of this case," stated Alan R. Hill, President and CEO. "We must wait to receive the rationale behind this decision before we determine our next steps." The decision i... (2 KB) |
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| November 06, 2007 Third Quarter Report Highlights "The third quarter was a difficult one for us," said Alan R. Hill, President and Chief Executive Officer. "With the completion of the Technical Assessment Committee review of our Rosia Montana EIA nearly in sight, the Romanian Ministry of the Environment arbitrarily suspended the review process, citing arguments with absolutely no basis ... (289 KB) |
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| October 23, 2007 Gabriel Resources Third Quarter 2007 Results, Conference Call and Webcast Information Toronto, Ontario -- October 23, 2007 Gabriel Resources Ltd. announces that it will release its third quarter results after market on Tuesday November 6, 2007 and that it has scheduled a Conference Call and Webcast to discuss the results at 5:30 pm EST the same day. Dial in information: North America please dial: 1-888-680-0879 International callers please dial: 617-213-4856 Participant code: 81222656 Details for the Conference Call and Webcast can also be found on the Compan... (2 KB) |
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| October 23, 2007 Gabriel Meets with International Labour Organization on "Decent Work Agenda" for Romania At Washington Meeting, Gabriel CFO Notes Company's Full Support for ILO Initiative October 23, 2007 (Washington, D.C.) - Richard Young, Chief Financial Officer and Vice President of Gabriel Resources Ltd., participated in a special presentation today by the Center for American Progress Action Fund on "Decent Work: Forging a New International Consensus on Globalization" at which Juan Somavia, Director-General of the International Labor Organization (ILO), gave the keynote address. Through t... (4 KB) |
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| October 03, 2007 Information Release: Romanian No Confidence Vote - Update Toronto, October 3, 2007 -- Earlier today Romanian parliamentarians rejected a motion to bring down the Government. The motion was tabled by the main opposition party, the Social Democrats (PSD). Two hundred and twenty parliamentarians voted in favor of the motion while 152 members rejected the motion. In order to pass the motion, 232 votes were required, being 50 percent of both chambers of the Government plus one vote. About Gabriel Gabriel is a Canadian based resource company committ... (1 KB) |
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| September 24, 2007 Gabriel CFO to address Denver Gold Show Conference Denver, Colorado -- September 24, 2007 Speaking today at the Denver Gold Show Conference, Gabriel's CFO Richard Young will provide an update on the status of the Company's Rosia Montana Gold Project in western Romania. In his Denver remarks, Mr. Young will tell the conference that solid progress was being made in the permitting and development of the Rosia Montana Project until the Minister of Environment's unilateral decision to suspend the EIA permitting process on September 13, 2007. Y... (6 KB) |
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| September 13, 2007 Disregard for Romanian Rule of Law as Ministry of Environment Suspends EIA Review Process Toronto, Canada. September 13, 2007 -- Gabriel Resources Ltd's ("Gabriel") 80% owned Romanian subsidiary, Rosia Montana Gold Corporation S.A. (RMGC), yesterday received a letter from the Romanian Ministry of Environment and Sustainable Development ("the Ministry") indicating that the review process for the Environmental Impact Assessment (EIA) for the Rosia Montana project has been suspended by the Ministry due to a court challenge by Alburnus Maior and Open Society Institute (a Soros foundation... (4 KB) |
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| September 05, 2007 Gabriel Exposes the Secrets of Rosia Montana Opposition - CEO Hill asks: Who Wants to Destroy a Successful Project? Bucharest, September 5, 2007 - Today Gabriel Resources Ltd. (the Company) held a press conference in Bucharest, Romania to identify and substantiate who is behind certain voices of the opposition to its gold mining project in Rosia Montana, Romania. President and Chief Executive Officer Alan R. Hill's full press conference speech is available on the company's home page at www.gabrielresources.com. The speech is accompanied by support documents detailing the true nature of the opposition to... (6 KB) |
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| August 08, 2007 Gabriel Resources Ltd: 2007 Second Quarter Report Highlights "The second quarter was an active one for us," said Alan R. Hill, President and Chief Executive Officer. "We saw real momentum as we continue to move through the permitting process, with strong independent technical support for our EIA, and a growing number of third-party voices recognizing the strategic importance of the Rosia Montana Project as a model not just for Romania, but for all of Europe. We are also seeing the community make its voice heard in support of our proje... (591 KB) |
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