Romania, Gabriel Resources Negotiate Increasing State’s Stake In RMGC To 25%

07.12.2013 By Ioana Tudor

Romania’s government and Canadian company Gabriel Resources, are negotiating increasing the Romanian state’s stake in Rosia Montana Gold Corporation (RMGC) from 19.31% to a maximum of 25% and raising the royalty rate from 4% to 6%.

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Keywords:: GABRIEL RESOURCES; , ROYALTY RATE; , STAKE

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