Gabriel Rises on Romania Draft Law: Toronto Mover
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Gabriel Resources Ltd., the Paulson & Co.-backed Canadian miner, rose the most in almost seven weeks after Romania approved a draft law that would allow development of its Rosia Montana mine while increasing the government’s stake in the project.
Gabriel gained 3.5 percent to C$1.76 at 10:24 a.m. in Toronto. The Whitehorse, Yukon-based company earlier jumped 10 percent, the most intraday since July 11.