Gabriel Resources

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Gabriel Resources Ltd. (TSX: GBU) is a multi-national mining firm based in Toronto. Gabriel Resources describes itself as "committed to responsible mining and sustainable development in the communities in which it operates. Gabriel is currently engaged in the exploration and development of mineral properties in Romania, with its primary focus on the development of its 80% owned Rosia Montana gold project."

The company was founded in 1995 by Romanian-Australian entrepreneur Frank Timiş, who has attracted controversy due to two convictions in Australia in the early 1990s for possession of heroin with intent to supply as well as allegations of other unsavory business-related activities. Timiş no longer has anything to do with the company and has not for several years.

Gabriel, through a joint venture with the Romanian government, holds an 80% interest in a planned mining project in the impoverished Romanian village of Rosia Montana.

The Rosia Montana mining project is the subject of numerous documentaries, including Mine Your Own Business, a film financed almost entirely by Gabriel Resources.

[edit] References

http://iwpr.net/?p=bcr&s=f&o=242376&apc_state=henibcr2005 - Romanian Gold Project Stalled (2005)

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[edit] External links

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