Romanian Gold Mine Could Go To Vote

A controversial gold mine being developed in Romania by Gabriel Resources Ltd (TSX:GBU) could go to a vote following weekend protests over the proposed use of cyanide, the Vancouver Sun reported.

As quoted in the market news:

A day after thousands of demonstrators rallied against the use of cyanide in gold mining, President Traian Basescu said he may call a referendum next year on the Rosia Montana mine. That may delay the project, for which Canada-based Gabriel Resources Ltd. said it could “hopefully” receive approval by November.

Click here for the full news story in The Vancouver Sun