Last $0.83 USD
Change Today +0.0085 / 1.03%
Volume 1.2K
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

gabriel resources ltd (GBRRF) Snapshot

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52 Week High
08/28/13 - $1.75
52 Week Low
09/9/13 - $0.43
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Average Volume 10 Days
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gabriel resources ltd (GBRRF) Details

Gabriel Resources Ltd., together with its subsidiaries, offers exploration, evaluation, and development services for precious metal mining projects located in Romania. The company, through its 80.69% ownership in Ro?ia Montana Gold Corporation S.A., holds interests in the Ro?ia Montana gold and silver project covering an area of approximately 23.88 square kilometers located in west-central Romania; and Bucium project covering approximately 2,325 hectares located in western Transylvania. Gabriel Resources Ltd. was founded in 1986 and is based in Whitehorse, Canada.

490 Employees
Last Reported Date: 03/12/14
Founded in 1986

gabriel resources ltd (GBRRF) Top Compensated Officers

Chief Executive Officer, President, Non-Indep...
Total Annual Compensation: C$704.0K
Chief Financial Officer
Total Annual Compensation: C$396.0K
Chief Commercial Officer and Corporate Secret...
Total Annual Compensation: C$396.0K
Managing Director of RMGC
Total Annual Compensation: C$301.9K
Vice President of Government Relations - RMGC
Total Annual Compensation: C$208.2K
Compensation as of Fiscal Year 2013.

gabriel resources ltd (GBRRF) Key Developments

Gabriel Resources, Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2014

Gabriel Resources Ltd. announced earnings results for the first quarter ended March 31, 2014. For the quarter the company reported the net loss was $3.5 million, or $0.01 per share.

Gabriel Resources, Ltd., Annual General Meeting, Jun 18, 2014

Gabriel Resources, Ltd., Annual General Meeting, Jun 18, 2014., at 14:30 Pacific Standard Time. Location: The Vancouver Club, 915 West Hastings Street. Agenda: To receive the audited consolidated financial statements of the company for the year ended December 31, 2013 together with the auditors' report thereon; to elect directors of the company to hold office until the close of the next annual meeting; to appoint auditors of the company to hold office until the close of the next annual meeting and to authorize the directors of the company to fix their remuneration; to consider and, if appropriate, to pass an ordinary resolution to reapprove and reconfirm the company's restricted share unit plan and all unallocated restricted share units thereunder; to consider and, if appropriate, to pass an ordinary resolution to amend the company's deferred share unit plan to increase the maximum number of deferred share units that may be granted under such plan; and to transact such other business as may be brought properly before the meeting or any continuation of the meeting after an adjournment or postponement.

Gabriel Resources to Cut Jobs at Rosia Montana, Romania

Gabriel Resources has announced that it will reduce about 80% of its workforce at its Romanian subsidiary, as the assessment and permitting approvals for the Rosia Montana gold-silver project have been delayed. The Rosia Montana gold-silver project, which is claimed to be Europe's undeveloped gold mine project, is located in west-central Romania, within the historic Golden Quadrilateral area of the South Apuseni and Metaliferi Mountains of Transylvania. Gabriel noted that the job cuts will affect around 400 employees and that the company has already given the workers redundancy notices and may terminate contracts from May 1. Rosia Montana mine has been on hold for many years while waiting for a key environmental permit and during its 15-year involvement with the project, Gabriel has incurred costs of about $550 million.


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