Tethyan Copper Company (TCC), a joint venture between Canada’s Barrick Gold and Chilean miner Antofagasta, has given up hope of eventually mining Reko Diq, a disputed but promising copper-gold project in Pakistan’s poorest region, Reuters news agency reported on Wednesday.
On March 4, 2013, the Minister of International Trade of Canada announced the conclusion of the negotiations of Bilateral Investment Treaties with Cameroon and Zambia — home of iron ore, copper and other mineral deposits.
Le compagnie minière canadienne Infinito Gold a menacé jeudi le Costa Rica d’une plainte portant sur plusieurs millions de dollars si d’ici le 4 octobre prochain aucun accord amiable n’était trouvé après l’annulation d’un projet minier dans le nord du pays, a indiqué l’entreprise à San José.
Earlier last month, a three-member bench of the Supreme Court headed by Chief Justice Iftikhar Chaudhry declared null and void the Reko Diq gold and copper mine agreement, the Chagai Hills Exploration Joint Venture Agreement (CHEJVA), with Tethyan Copper Company (TCC).
The Supreme Court recently declared void and illegal a mining deal for the Reko Diq copper project signed 20 years ago between the Balochistan government and international mining companies.
It is wonderful that the stance of the government of Balochistan has been upheld by the Supreme Court (SC) of Pakistan. Decision given on 7th January, 2013 by the SC has declared the agreement on Reko Diq signed on July 23, 1993 as void and in conflict with the laws of the country. Tethyan Copper Company Pvt Limited (TCC) also lost its case in the International Centre for Settlement of Investment Disputes (ICSID) on December 13, 2012.
The Ministry of Petroleum and Natural Resources (MoPNR) has written a letter to Prime Minister Raja Pervez Ashraf to persuade the Balochistan government to settle the Reko Diq issue out of court, fearing a penalty of Rs39 billion by the International Centre for Settlement Investment Disputes (ICSID).
TSX-listed South American Silver (SAS) on Tuesday said it had notified the Plurinational State of Bolivia of an investment dispute between the company and Bolivia, after the company’s subsidiaries had lost its mineral tenements.
While India’s steel sector debates the finer points in the draft of a new steel policy, the cry to delete steel from the Free Trade Agreement (FTA) between India and countries like Japan and Korea just got shriller.
La minería apunta a convertirse en una de las principales actividades económicas de Colombia. En los últimos años han ingreso a este renglón miles de millones de dólares para labores de exploración y explotación. La política minera colombiana se desarrolla en la lógica del modelo de libre comercio, que favorece la inversión extranjera e impide la participación del Estado en la actividad.
President Susilo Bambang Yu-dhoyono is telling his ministers to prepare for the worst after the government recently entered into arbitration with an international mining company.
Canadian company Pacific Rim can move forward under El Salvador law with a case against that country’s government for blocking a gold mining project, but cannot file suit under a regional trade agreement, a World Bank arbitration panel ruled.
La caravana del Tribunal Permanente de los Pueblos (TPP) hizo escalas ayer en San Luis Potosí y Coahuila, en su viaje a Ciudad Juárez, Chihuahua, donde espera llegar el domingo para participar en la audiencia general introductoria del capítulo México del Tratado de Libre Comercio.
Churchill Mining (LON:CHL) said it has now filed for international arbitration in its dispute regarding the East Kutai coal project (EKCP) in Indonesia, 75 per cent owned by Churchill.
The Canadian government’s human rights report tabled in Parliament Tuesday regarding implementation of the Canada-Colombia Free Trade Agreement might as well have been a comic strip of three monkeys: "see no evil, hear no evil, speak no evil."
The issue of the Lynas rare earth plant will not disrupt the proposed Free Trade Agreement (FTA) negotiations between Malaysia and Australia, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
Después de 30 años de implementación de liberalización global y disminución del papel del Estado en la economía de muchos países, las diferencias sociales se agravan y la distancia entre quienes se benefician de la situación y quienes se perjudican de la misma aumenta.
Nova Scotia is trying to protect its liquor monopoly and its mining, forestry and fishing and gambling industries from a new free trade agreement between Canada and Europe.
The Mining Association of Canada today offered congratulations to the federal government on the formal entry into force of the Canada-Colombia Free Trade Agreement effective August 15 2011.