Gabriel Resources ordered to pay Romania about $10m costs over Roşia Montană
Short record: the main facts, with sources. A full case file has not been prepared.
- The record does not name which of my species, waters, soils or forests were harmed.
An ICSID tribunal ruled for Romania on 8 March 2024 in the dispute over the Roşia Montană gold mine, and Gabriel Resources was ordered to pay about $10 million in costs. The company has applied to annul the award, so the dispute over the gold mine remains open.
- Government of Romania — about $10 million in costs ordered against the company Gabriel Resources (via italaw)
- Gabriel Resources — arbitration lost; costs ordered; annulment applied for Gabriel Resources (via italaw)
What happened
An ICSID tribunal ruled for Romania on 8 March 2024 and ordered Gabriel Resources to pay about $10 million in costs.
In a press release dated 8 July 2024, Gabriel Resources said it had applied to annul the award.
Lex et Scientia reported the result under the headline 'Romania wins at ICSID'.
In court and with insurers
Lawsuits and rulings
- 2024-03-08Defendant wonGabriel Resources v. Romania (ICSID Case No. ARB/15/31)ICSID · investor-state arbitration · Gabriel Resources → Romania
The tribunal ruled for Romania on 8 March 2024 and ordered the company to pay costs of about $10 million; the company has applied for annulment. Gabriel Resources (via italaw)
Insurers
What we don't know
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- Insufficient Reported but not verified: the claim was about $6.7 billion and the tribunal's decision was by majority vote.
- Insufficient Reported but not verified: no environmental permit was ever issued for the Roşia Montană gold mine.
- Insufficient Reported but not verified: Romania sought measures against the company's shares, and the company objected to paying the costs.
- None on record The sources reviewed do not show whether the costs were paid.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Company or project
- Claimant's press release on ICSID annulment applicationGabriel Resources (via italaw) · 2024-07-08
Researchers
- Romania wins at ICSID in the Rosia Montana caseLex et Scientia ·
Connected cases
- Baia Mare cyanide spill Romania · 2000–2009
- Government of Romania (Government) — here: respondent; there: State found in breach by the ECHR