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Showing Original Post only (View all)Rosia Montana, an omen for TTIP [View all]
Romanians decided two years ago not to host Europe's largest gold mine. Now the Canadian mining company is seeking massive compensation from Bucharest, in a case that foreshadows what TTIP could bring, writes Claudia Ciobanu.

Claudia Ciobanu is a Romanian freelance reporter based in Warsaw.
The biggest citizen mobilisation in Romania since the anti-communist battles of the early 1990s opposed in 2013 Gabriel Resources' plan to build a cyanide-based gold and silver mine in the Romanian Apuseni Mountains at Rosia Montana. Following the massive street protests, the Romanian parliament decided not to pass legislation that would have allowed the company to go ahead with the mine.
The exploration would have involved digging up Rosia Montana and two nearby villages, destroying four mountains and placing a giant cyanide pool in the area.
This week, Gabriel Resources officially announced that it filed a request for arbitration against Romania before the World Bank's investment dispute settlement centre. According to the company, through its actions and inactions, Romania has blocked and prevented implementation of the project, effectively depriving Gabriel entirely of the value of its investments.
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http://www.euractiv.com/sections/trade-society/rosia-montana-omen-ttip-316594