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Stans Energy awarded USD$ 222,241 and additional costs by London court
To date, the Republic has not complied with the order and the Company is considering various options for enforcement of the award.
Thailand faces arbitration over decision to shut only active gold mine
Chatree mine’s operator, Australia’s Kingsgate Consolidated said that it would commence arbitration under the Thailand-Australia Free Trade Agreement
EuroGas wants to use Rusko’s arrest to renew arbitration with Slovakia
The arrest of and investigation into former economy minister Pavol Rusko could have an international dimension for Slovakia, as EuroGas wants to make use of the situation in order to renew arbitration proceedings against Slovakia.
Kyrgyz Republic defeated in jurisdiction challenge to UNCITRAL investment award
The key issue in the case concerned the proper interpretation of the dispute resolution provision in the 2003 Investment Law, which was the basis for jurisdiction.
Tanzania edges closer towards total mine nationalisation
New laws revolve around the notion that Tanzania’s domestic law is to be supreme over any international dispute or arbitration decision.
Bear Creek Mining: Santa Ana arbitration proceedings officially closed by tribunal; award decision expected by January 2018
Tribunal hearing the Bear Creek Mining’s Santa Ana ICSID arbitration claim has officially closed proceedings in the case.
Gold may be kept out of future trade pacts
A big spike in gold imports from countries with which India has trade agreements has caused alarm in the government, which now plans to exclude the yellow metal from such agreements in the future.
Slovakia wins international arbitration on talc mining licence
But the complainant has not had his last word.
Singapore court sets aside award against Lesotho
The Singapore High Court has set aside an investor-state arbitral award on the merits against the Kingdom of Lesotho. The case is an important one, as it concerns whether investors can use arbitration to resolve cases that were pending before the SADC Tribunal when it was dissolved by the SADC Summit in 2014.
Romanian Unesco site proposal may be halted to allow gold mining
Romania’s prime minister has suggested his government will withdraw an application to have the Roman gold-mining area of Roșia Montană declared a Unesco world heritage site, potentially reviving controversial plans to resume mining.
Govt will lose gold mine dispute due to Article 44 use: academics
FTA Watch warns that Thailand would most certainly lose an arbitral tribunal process regarding allegations that it violated the Thailand-Australia Free Trade Agreement, exposing the country to huge losses due to claims for compensation.
Harsh sentencing of Aymara leader reveals the politics of criminalization in Peru
This past month, eighteen Aymara community leaders endured the final stages of a trial that had them facing up to 28 years in prison and massive fines for their alleged roles in the 2011 ‘Aymarazo’ protests against the Santa Ana silver mine on the Peru-Bolivia border.
AngloGold turns to UN arbitration as law changes threaten Geita
AngloGold Ashanti joined Acacia Mining in entering into arbitration over legislative changes in Tanzania which entitles the East African country’s government to renegotiate business agreements with mining firms.
Pakistan refuses $11.5 billion claim in Reko Diq case
Pakistan has rejected $11.5 billion damages claim made by the Tethyan Copper Company ltd (TCC) a joint venture between Antofagasta and Canada’s Barrick Gold Corporation in the Reko Diq case.
Crystallex wins court order against Haitong over Venezuela assets
Canadian miner Crystallex has won U.S. court approval to bar China’s Haitong International Securities Group Ltd from transferring securities owned by Venezuela, in a move to recoup damages from an expropriation by the OPEC nation.
Australia: Coal and wind interests power ISDS threats against Australia
APR Energy PLC and Nucoal have been making noise about bringing investor-state claims against Australia
Three new bill supplements related to natural wealth and resources passed in Tanzania
A number of the provisions of the new legislation are inconsistent with the protections afforded to qualifying investors under agreements such as bilateral investment treaties.
Minefields in investment relations
The Government of India and the Government of Andhra Pradesh are facing an arbitration suit due to the cancellation of bauxite mining approvals in Visakhapatnam. This is the latest in a series of legal actions by foreign investors in the country.
Acacia seeks arbitration after Tanzania tears up mining contracts
Acacia Mining said it was seeking an adjudicator to resolve its dispute with the Tanzanian government, a day after the east-African country passed two laws to force companies to re-negotiate their contracts.
Gabriel: you can always ask but it doesn’t mean we will let you get it!
With Gabriel Resources seeking US$4.4 billion in damages, Alburnus Maior, a prospective amicus curiae in the arbitration case, announces that it aims to file its brief to the ICSID Tribunal until September 2018 at the latest.