Rosia Montana is also home to ancient Roman mining galleries, which were added to UNESCO's World Heritage list in 2021.
[12] The Rosia Montana properties were transferred from the communist-governed state of Romania around its destruction in 1989 to a company controlled by Frank Timis, who brought his titles to Toronto, which was once the world's mining finance centre.
[4] In January 2015, Newmont Corporation was listed as a substantial shareowner in Gabriel, which had at the time a market capitalisation of C$250 million.
[5] In June 2017, the company sued the government of Romania for $4.4 billion at the World Bank Tribunal, due to delays in the Rosia Montana project.
[8] On March 8, 2024, Gabriel Resources lost a damage claim against Romania for the failed gold mine project.
[16] An arbitration panel of the International Centre for Settlement of Investment Disputes rejected Gabriel's claim for damages resulting from Roșia Montană being blocked by the Romanian government, and instead awarded Romania US$10 million in legal fees and expenses.