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Tuesday, October 22, 2013

Gabriel Resources' original sin

Gabriel's original sin was that it went too big, too fast, using an uncompromising approach to make "a lot of money quickly."
This "bigfoot approach" included plans to blow up two mountainsides in order to build four pits, fill a valley with "waste-rock and cyanide-laced sludge" and force 2,000 people from their homes.
Instead of starting small, working to gain "the confidence and trust of the residents" as the project developed, "all [Gabriel] saw was the dollars," according to Stephen Roman, a mining promoter who was a part of the Gabriel team during the early years.
http://www.mining.com/gabriel-resources-original-sin-62332/

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