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Settlement tribunal sets deadline for decision in Roșia Montană Gold Corporation v. Romania case

December 28, 2023

The Tribunal at the International Centre for Settlement of Investment Disputes in Washington, which is arbitrating the multi-billion dollar dispute between Canadian group Gabriel Resources, the majority shareholder of Roșia Montană Gold Corporation, or RMGC, and the Romanian state, has announced that it will issue a decision no later than March 12, 2024.

RMGC is the developer of the gold mining project in the Apuseni Mountains that was blocked by Romania, following massive street protests....

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