Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Mining · Romania · 2024

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.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
  • The record does not name which of my species, waters, soils or forests were harmed.
What the record lacks: 1 none on record · 3 insufficient · 1 not measured See the gaps

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.

What?
Romania won the ICSID arbitration brought by Gabriel Resources over the Roşia Montană gold mine, and the company was ordered to pay about $10 million in costs. Gabriel Resources (via italaw)
Where?
Roşia Montană, Romania Gabriel Resources (via italaw)
When?
Award on 8 March 2024; annulment application announced 8 July 2024 Gabriel Resources (via italaw)
Who?
Gained
Lost
Harmed
None on record
Why?
Not stated in the sources reviewed.
How?
Investor-state arbitration at ICSID (case no. ARB/15/31). Lex et Scientia
6 of 6 questions answered from the record

What happened

The record, in order.

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

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    1. 2024-03-08Defendant won
      Gabriel 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

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    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

    Voices on record: ✓ Company or project— Government and regulators— Courts— Press and investigations— Communities and civil society✓ Researchers

    Company or project

    1. Claimant's press release on ICSID annulment application
      Gabriel Resources (via italaw) · 2024-07-08

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.

    Law and courts

    Arbitration
    A private dispute process in which an appointed arbitrator, instead of a court, decides the case.
    European Court of Human Rights (ECHR)
    The Council of Europe's court in Strasbourg, which rules on complaints that a state has violated the European Convention on Human Rights.