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2015
Gabriel Resources v. Romania Gabriel Resources Ltd. and Gabriel Resources (Jersey) v. Romania (ICSID Case No. ARB/15/31)
Nationality of the parties
Romania
Canada

United Kingdom
Summary of matters at issue
Majority shareholding in Rosia Montana Gold Corporation, a Romanian mining company, co-owned with a State-owned entity.
Claims arising out of the allegedly discriminatory measures relating to the approval of an environmental impact assessment and the issuance of an environmental permit required to start exploitation of the claimant's mining project.
Economic sector and subsector
Primary: B - Mining and quarrying
7 - Mining of metal ores
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Alexandrov, S. A. (replaced)
Douglas, Z.
Cheng, T. (replaced)
Grigera Naón, H. A.
Tercier, P.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
3285.70 mln USD
Data not available
IIA breaches alleged/found
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Indirect expropriation

National treatment

Umbrella clause
Pending
Follow-on proceedings
None
Link to Italaw's case page