Ponta said he will have talks with all ministers involved and ask Gabriel to agree to declassify the contract.
“If that contract is supposed to help Romania so much, then what do they have to hide, right?,” said Ponta.
Rosia Montana Gold Corporation (RMGC), a joint venture consisting of Gabriel Resources and the Romanian state, is developing the mining project at Rosia Montana, in the Apuseni Mountains. The deposit is estimated to contain around 300 tons of gold and 1,600 tons of silver.
Gabriel Resources owns 80.46% of RMGC, while the Romanian state (19.31%), through Minvest Deva, and other shareholders control the rest. Billionaires John Paulson, Beny Steinmetz and Thomas Kaplan are some of the biggest names behind Gabriel Resources.
Gabriel said in May it was looking to substantially reduce costs on the gold mining project until the Romanian Government moves ahead with authorizing the project. The project has been on the table since the ’90s but faces great opposition from environmental activists because it entails cyanide mining.