

Roşia Montană Gold Corporation (RMGC) is a company established in 1997, in Alba County, whose shareholders are the mining state company Minvest Deva - with 19.31%, Gabriel Resources – with 80.46% and other minority shareholders – with 0.23%. RMGC is due to develop the most modern mine in Romania, in Roşia Montană, bringing major benefits to the Romanian economy. As a model mine, Roşia Montană Project will set up a new standard for responsible gold mining, both at the level of the European Union and worldwide.
Gabriel Resources is listed on the Toronto Stock Exchange (GBU symbol). Over 80% of the shares are currently owned by US investors, including Newmont Mining, the world’s second largest gold producer, with 15%, Electrum Strategic Holdings LLC with 18% and Paulson & CO with 18%.
Up to date, Gabriel Resources has invested more than 400 million USD in Romania through Roşia Montană Gold Corporation, and plans to further allocate more than 2.5 billion dollars for the development of the Roşia Montană mining project
Management team
Jonathan Henry
President and Chief Executive Officer, Gabriel Resources
Jonathan Henry is the President and Chief Executive Officer of Gabriel Resources.
Mr. Henry is the former Chief Executive Officer of Avocet Mining, a gold mining company with assets in West Africa and South East Asia. Mr. Henry served as the CEO of Avocet from 2006 until May 31, 2010. Prior to that, Mr. Henry served as Avocet's Finance Director from 2002 until becoming the CEO in 2006.
Dragoş Tănase
General Manager Roşia Montană Gold Corporation
Dragos Tanase joined Roşia Montană Gold Corporation in February 2008, coming from the largest cable communications operator in Romania, UPC. Within UPC, Dragoş coordinated the merger of two large cable operators, UPC and Astral Telecom, which combined employed a workforce of 3,600 people and held the position of Chief Financial Officer for 7 years. Previously, Dragoş Tănase – an expert in financial management – worked in financial and business consultancy, first at the Ministry of Finance and then with Arthur Andersen, providing consultancy for Romania’s major industrial sectors. He accepted the challenge of managing Roşia Montană Gold Corporation after a personal one-year assessment of the mining industry potential as well as the project context.
Dragoş Tănase strongly believes that mining has a strong future in Romania and that the Roşia Montană Project can be the flagship to re-launch an entire industry, on modern principles.
RMGC Team (click the pictures for details)