Rather than accept unfavorable government decisions, such as a permit denial, some companies are suing countries under investment agreements that allow them to “seek international arbitration” in publicly inaccessible World Bank tribunals. Canadian mining company Gabriel Resources, which has the backing of US giant Newmont, is the latest mining company to resort to this tactic. Gabriel is threatening to sue the Romanian government if it does not get approval for its proposed Rosia Montana open-pit gold mine.
(Ottawa) December 5, 2013. MiningWatch, Greenpeace, Friends of the Earth, Council of Canadians and Earthworks join the call of Romanian and Canadian protesters to request the Minister of Foreign Affairs and Members of Parliament for:
Introduction of legislation to make Canadian corporations, particularly extractive industry corporations, accountable for proposed projects and actual operations abroad and
Withdrawal of Canadian Government support for Gabriel Resources' mining project in Romania at Rosia Montana.
Good news: The Romanian parliament rejected the proposed Rosia Montana open-pit gold mine on Monday, after months of protests on the streets of Bucharest and around the world. As we've blogged about before, this mine proposal epitomizes “dirty gold” for many reasons.
Transylvania, Romania, is known for its fictional vampires – this is the region where Bram Stoker set his classic vampire novel, Dracula, in 1897. Over a century later, the region is threatened not by fictional vampires but a very real –and far scarier –monster: the Rosia Montana mine.