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Tanzania commits to pay Indiana Resources $118 million if ...
Tanzania has made a commitment to pay Australian mining firm Indiana Resources Limited and its subsidiaries $118 million if the country loses in the final decision of the annulment application.
Looking for lithium in the Andes — Peru is key to India’s Latin America push
India has been pursuing a trade agreement with Peru since 2017. The two countries held the 6th round of negotiations last month and talks are scheduled to be held again in December.
First Quantum warns of arbitration as Panama weighs copper contract
Canada’s First Quantum intends to start arbitration against Panama, the Central American nation’s trade ministry and the company said, as Panama’s top court considers annulling a copper contract that opponents call unfair.
Cadence Minerals Plc – Sonora lithium investment update – Request for treaty negotiations with Mexico
Cadence Minerals and its subsidiary REM Mexico Limited have issued a request for consultations and negotiations to the Government of Mexico under the United Kingdom-Mexico Bilateral Investment Treaty.
Abyssinian launches legal dispute against State JV partner in Ethiopia
Mining corporations have taken steps to issue a notice and dispute and request for negotiations to the Ethiopian government over concerns at measures taken against Abyssinian’s investments in the Kenticha lithium and tantalum project in the country.
Clive Palmer uses another trade agreement to sue Australia, again, for $A69 billion over refusal of Waratah coal mine permit
Billionaire Clive Palmer is using the Investor-State Dispute Settlement mechanism against Australia because the permits for a coal mining project were refused for environmental reasons, including their contribution to increased carbon emissions.
Exclusive: US, Indonesia to discuss potential for deal on EV minerals
Indonesia, which has the world’s biggest nickel ore reserves, in September asked the United States to begin discussions for a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the US Inflation Reduction Act (IRA).
Arbitration court favors Bolivia in dispute with mining company
The Permanent Court of Arbitration ruled in favor of Bolivia, denying any compensation to the American mining company Orlandini for the revocation of concessions.
US senators oppose Indonesia FTA that paves way for nickel subsidies
US lawmakers have expressed concern about signing a limited free trade agreement with Indonesia, as the country’s mining and refining industry is dominated by companies from China.
Why this Canadian-owned copper mine is facing fierce opposition in Panama​​
First Quantum notified the government of its intent to initiate arbitration under the Canada-Panama Free Trade Agreement in 2022, during the contract’s negotiation process.
Winshear Gold moves on from Tanzania project, takes $30 million settlement
Canadian gold explorer Winshear Gold (TSXV: WINS) has ended a longstanding dispute with the Tanzanian government in regards to the company’s licences for the SMP project.
Another Canadian mining company claims compensation against Tanzania
Another Canadian mining company, Montero Mining & Exploration has confirmed a date for the hearing of an investment dispute where it is claiming a Sh168 billion (C$90m) compensation against the United Republic of Tanzania.
Government revisits trade clause that allowed Clive Palmer lawsuits
Clive Palmer’s move to sue the government in a secretive international tribunal highlights the need to amend Australia’s trade policy to prevent claims that could hamper emissions reduction efforts.
Tanzania, Canada firm in ‘conditional’ deal over $96m gold suit
Canadian firm Winshear Gold Corp has announced the suspension of its multimillion-dollar arbitration proceedings against Tanzania over a mining license dispute dating back to 2018, saying it had reached a “conditional settlement agreement” with Dodoma.
Panthera to step up action against India after local court rejects claim
A writ will be pursued by Panthera for alleged breaches by India of the Bilateral Investment Treaty with Australia, the company said in a statement.
‘Get moving or you’ll miss the boat,’ Australian resources minister tells EU
Australian Minister argues for more European investments into the Australian minerals sector, criticising the EU’s insistence on banning dual pricing in the free trade negotiations between the EU and Australia.
Winshear Gold provides update on Tanzania arbitration
Winshear Gold Corp. reports that pursuant to the company’s arbitration case against the Republic of Tanzania, the company and Tanzania have suspended arbitration proceedings and have reached a conditional settlement agreement.
Gabriel Resources asks USD 6.5 bln from Romania in gold mine project lawsuit
The final amount requested by Gabriel through interest recalculation has doubled, reaching USD 6.5 billion.
Kenya, Indonesia to sign preferential trade agreement
Kenya and Indonesia yesterday signed four bilateral agreements on food security, mining, renewable energy and health following talks between President William Ruto and Indonesia’s Joko Widodo.
Australia wants EU investment in critical minerals, but first a free trade agreement
Australia’s Trade Minister has dangled easier access to the country’s vast critical minerals sector as part of negotiations over a free trade agreement with the European Union ahead of possible further talks.