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US oil firm Cobalt files for arbitration against Angola for $2 bln
17-May-2017 Reuters
U.S. oil firm Cobalt said it had filed requests for arbitration seeking more than $2 billion from Angola’s state-run Sonangol.
High Court the final authority? Think again
2-May-2017 Sydney Morning Herald
US mining company Nucoil is using a free trade agreement to put pressure on the Australian government to pay compensation over cancelled licences.
Canada’s Gran Colombia Gold files $700 million lawsuit against Colombia over Marmato project
24-Apr-2017 Financial Post
Canadian miner Gran Colombia Gold has filed a US$700 million lawsuit against Colombia under the Colombian-Canadian free trade agreement after the government ordered the company to cease operations at the El Burro site in Marmato.
El Salvador freezes OceanaGold bank accounts, assets over $8 mln payment
19-Apr-2017 Reuters
El Salvador froze bank accounts and assets belonging to OceanaGold Corp after the mining company refused to pay the country $8 million as mandated by an international court.
Kingsgate to talk with Thai government
7-Apr-2017 The Australian
The Thai government says it is ready to hold talks with Australian goldmining company, Kingsgate Consolidated, over the closure of its Thai mining operations last year.
Kingsgate seeks Thai gold mine resolution
3-Apr-2017 Courrier Mail
Australian goldminer Kingsgate Consolidated is banking on free trade agreement provisions to press the Thai government to open talks over its 2016 decision to shut all gold mines.
Churchill updates on $1.3bn claim against the Republic of Indonesia
31-Mar-2017 Stock Market Wire
Churchill Mining says it continues to pursue its $1.315bn claim against the Republic of Indonesia in relation to the revocation of its licenses at the East Kutai Coal Project.
Australian miners seeking new free trade deals
29-Mar-2017 Tax-news
The Minerals Council of Australia has called on the Government to pursue further trade liberalization through bilateral and regional trading agreements.
IBON tells DENR to be firm vs big miners
29-Mar-2017 Business Mirror
Mining firms should not resort to international arbitration in forcing the Department of Environment and Natural Resources to revoke its decision to suspend 28 mines and cancel 75 mineral-production sharing agreements.
ICSID rules in favour of Tethyan over Reko Diq project
22-Mar-2017 Stock Market Wire
The ICSID tribunal rejected Pakistan’s final defence against liability and confirmed that Pakistan had violated several provisions of its bilateral investment treaty with Australia
Freeport’s threat of arbitration simply a ploy to block mining reform
23-Feb-2017 Jakarta Post
International arbitration within the investor-state-dispute settlement (ISDS) mechanism has become a powerful weapon exploited by MNCs to circumvent national regulations and bully governments
Pressure grows on mining giant to pay $8 million to El Salvador
23-Feb-2017 Tele Sur
Over 280 organizations from around the world sent an open letter to Canadian-Australian mining giant OceanaGold demanding that the company adhere to an earlier ruling that ordered the company to pay the government of El Salvador US$8 million
Govt asked to ignore Freeport’s lawsuit threat
22-Feb-2017 Antara News
The Indonesian Institute for Global Justice has asked the government to consistently apply the state regulation number 4 of 2009 and ignore Freeports threat to bring its legal dispute with the government to the International Court of Arbitration.
Freeport warns of arbitration as Indonesia mining dispute escalates
20-Feb-2017 Reuters
U.S. mining giant Freeport warned it could take the Indonesian government to arbitration and seek damages over a contractual dispute that has halted operations at the world’s second-biggest copper mine.
Romania seeks World Heritage status for Transylvania village in gold mine row
7-Jan-2017 Reuters
Romania has asked the United Nations to make a Transylvanian village boasting 18th century houses and intact Roman mining shafts into a World Heritage site in move that could protect it from a gold mine project.
When you thought trade deals could not get any worse — enter Wall Street
19-Dec-2016 Sierra Club
What connects two proposed gold mines, one in the high-altitude wetlands of Colombia and one in the Carpathian Mountains of Romania?
Winning arbitration case
15-Dec-2016 Jakarta Post
The Indonesian government should stick to its policy of removing the investor-state dispute-settlement (ISDS) mechanism from its bilateral investment or trade treaties.
Eco Oro files request for arbitration against Colombia
12-Dec-2016 Investing News Network
The claim relates to Eco Oro’s dispute with Colombia in relation to State measures that have destroyed the value of its investments in the Colombian mining sector.
Churchill Mining’s $1bn claim against Indonesia struck off
7-Dec-2016 Digital Look
A tribunal has struck out a claim by Churchill Mining for damages after Indonesia’s government revoked its licence for a coal project.
El Salvador’s win against the US mining company Pacific Rim : a very nuanced victory
2-Dec-2016 Equal Times
The ICSID decided in favour of El Salvador in a case brought by the US mining company Pacific Rim Cayman regarding a dispute over the granting of a mining licence.