bilaterals.org logo
bilaterals.org logo

mining


Australia-EU FTA an opportunity to remove tariffs on resources trade
Australian mining could also benefit from reductions in Australian tariffs on European mining-related equipment and manufactures, and in European tariffs on a number of minerals and metals commodities.
Bolivia ordered to make US$49mn award to Chile’s Quiborax
After a 14-year dispute between Quiborax and the Bolivian government, the International Centre for Settlement of Investment Disputes (ICSID) rejected Bolivia’s application to annul a US$48.6mn award in favor of the Chilean mining company.
Miner planning US$300mn Guatemala arbitration
Exmingua is planning to launch arbitration proceedings against Guatemala following the suspension of its Tambor gold project.
Canada backs foreign investor rights to protect mining sector: Book
Canada’s controversial mining sector may be the driving force behind the country’s insistence on protecting foreign investors’ rights over laws that guard its own citizens and environmental values.
International body recommends inclusion of Romania’s Roşia Montană in world patrimony list
Rosia Montana Gold Corporation entered a dispute with the Romanian state at the ICSID after the mining project was blocked as the site was declared a historic monument.
Reko Diq damages claim ‘exaggerated’
The company exaggerated its future profits by underrating tax and royalty obligations by as much as 61 per cent, officials said.
Rusoro files fresh lawsuits for $1.34bn compensation from Venezuela
Rusoro Mining has filed lawsuits in the US and Canada to seek compensation via the monetisation of Venezuela’s assets amounting to approximately $1.34bn in connection with the nationalisation of its gold mining assets in Venezuela.
Taxpayers face Sh500bn loss in case against Canadian firm
The government risks losing up to Sh500 billion in an international arbitration case against mining firm, Cortec, after it failed to provide Sh100 million in the second mini-budget to pay a UK-based law firm representing it in the case.
Three Canadian mining companies lodge ISDS disputes over Colombian mining ban
Colombia’s decision to ban mining activities in the Páramos, a range of environmentally sensitive wetlands that provide approximately 70% of the country’s water supply, has so far led to three treaty-based arbitration cases.
Petroleum ISDS cases pose major threat to climate action
Research shows that mining and energy industries are the most frequent users of Investor-State Dispute Settlement mechanisms.
Stans Energy secures litigation funding arrangment
Stans has entered into a litigation finance agreement to obtain incremental funding of Stans’ legal costs to continue with the international arbitration proceedings against the Republic of Kyrgyzstan.
’A high-ball opening offer’: First Quantum reels as Zambia slaps it with $7.9-billion tax bill
The dispute offers another example of the rising tensions between mining companies and the government leaders in cash strapped countries where they operate.
Eco Oro pursues $764m suit against Colombia as Angostura project postures to perish
Junior project developer Eco Oro Minerals has filed a memorial on the merits with the World Bank’s ICSID in its arbitration case against Colombia.
Rusoro Mining wins key US court ruling confirming arbitration award
DC court ruled in Rusoro’s favour, rejecting all of Venezuela’s defenses and holding that the award was valid and enforceable in the United States.
Following mining and oil tax payments down the rabbit hole
How poor countries like Mongolia may be losing millions because of corporate tax practices and legal loopholes.
US federal court registers $1.2 billion judgment for Rusoro against Venezuela
US Federal District Court Judge Richard J. Leon has ordered Rusoro’s $1.2 billion ICSID Expropriation award against Venezuela registered in the US.
Argentina: Japan wants to invest in energy and mining sector, says secretary
Argentina and Japan are moving ahead with a bilateral investment treaty.
Congo’s Kabila yet to sign new mining code as deadline nears
International mining companies are lobbying Kabila not to sign the new code, saying the proposed changes would discourage investment and violate existing agreements. Randgold has threatened to challenge the law through international arbitration.
Glencore, Randgold form group to challenge Congo law changes
Randgold is considering launching international arbitration if Congolese President gives his assent to the legislation.
Churchill claims "unfair arbitration" in Indonesia legal battle
Churchill Mining updated the market on the progress made in its attempts to annul an international tribunal’s award against it.