Gabriel Resources, which has waited 14 years to learn if it can begin production of an openpit gold mine in Romania, will have to wait a little longer. Romania's parliament postponed a special commission's report on a controversial bill that would allow Gabriel Resources Ltd to set up Europe's biggest openpit gold mine until Nov. 10.
The Canadian-based Gabriel Resources Ltd has been waiting 14 years for approval to use cyanide to mine 314 t of gold and 1.5 k of silver in the town of Rosia Montana. The state also holds a minority stake in the mine.
The government of Prime Minister Victor Ponta this year proposed a bill to speed up the project by setting strict deadlines for the approval process.
The bill, which triggered countrywide protests against the mine, prompted parliament to set up a commission to assess the bill. It was supposed to file its report this week.
"We approved a deadline extension until Nov. 10 at the request of the commission's president," lower house speaker Valeriu Zgonea was quoted as saying by state news agency Agerpres.