Globe says Gabriel falls from grace on Romanian news
Stockwatch 2003-06-06 06:55 ET - In the News
The Globe and Mail reports in its Friday, June 6, edition that Gabriel Resources shed 30 cents to finish trading Thursday on the Toronto Stock Exchange at $2.35. The Globe's Market Movers column reports that Romanian Prime Minister Adrian Nastase has asked the country's top environmental officials to review Gabriel Resources' plan to dig Europe's biggest open-pit gold mine. Mr. Nastase's statement, broadcast by Romanian state radio, follows criticism of the Rosia Montana mine project by members of the Romanian Academy, the country's top academic institution, who said cyanide used to extract gold would harm the environment. Environment Minister Petru Lificiu last week said he would assign a special commission to study the projects' costs...
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