Article 2WE47 Romania hits Canadian firm with $9m 'retaliatory' tax bill over gold mine

Romania hits Canadian firm with $9m 'retaliatory' tax bill over gold mine

by
Kit Gillet in Bucharest
from on (#2WE47)

Move comes after Gabriel Resources sues government for $4.4bn over failed bid to establish goldmine in Apuseni mountains

Romania has served a Canadian mining company with a $8.6m back taxes bill days after the company filed a $4.4bn compensation claim over a stalled project in the country. Gabriel Resources tried for more than 18 years to get necessary permits for an opencast mine to extract Europe's largest gold deposits from beneath the village of RoETMia MontanAf in the Apuseni mountains.

Related: Romanian village blocks Canadian firm from mining for gold

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