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Indiana Resources : Compensation claim of AU$127m lodged against Tanzania
Indiana Resources files a memorial on the arbitration with Tanzania over the expropriation of the Ntaka Hill Nickel Project, whereby it claims the amount of AU$127 million, including interest which continues to accrue.
Romania mining town Rosia Montana eyes UNESCO restart
Meanwhile, Gabriel Resources has taken Romania before the World Bank’s International Centre for Settlement of Investment Disputes, seeking $4.4 billion (3.7 billion euros) in damages.
Prairie makes a claim against Polish government
Prairie Mining has filed a £806-million statement of claim for compensation against the Republic of Poland as part of its ongoing international arbitration claims.
Costa Rica says wins arbitration case over open-pit gold mine
An international arbitration panel ruled Costa Rica does not owe Canadian miner Infinito Gold compensation after the cancellation of a mining project a decade ago.
Gerald Group resolves iron ore dispute with Sierra Leone
US commodity trader Gerald Group will pay Sierra Leone $20 million and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute that led to the shutdown of production.
Turkey is the latest victim of a billion-dollar corporate heist
A Canadian mining company is suing Turkey for $1 billion at a secretive arbitration court over the cancellation of a mine project that was deemed disastrous for the environment.
Alamos Gold’s units to file $1 bln investment treaty claim against Turkey
Miner Alamos Gold said its Netherlands units will file an investment treaty claim exceeding $1 billion against Turkey for "unfair and inequitable treatment" with its gold mining project.
Pathfinder Minerals estimates $621m hit from Mozambique title dispute
Mining group Pathfinder Minerals said a dispute over the ownership of a mining title in Mozambique could see it incur estimated losses of more than $621.3 million.
Rethinking investment law from the ground up: extractivism, human rights, and investment treaties
For many people affected by resource extraction, it is the prevailing legal regime that dis-embeds and disintegrates, because investment treaties can protect ventures that upend their lives with little scope for voice or redress.
Barrick forces hand of Papua New Guinea government in reopening Porgera mine
Referring repeatedly to legal threats by Barrick Gold Corp., Prime Minister Papua New Guinea released a statement announcing that his government will be making a deal with the company in regard to the Porgera Joint Venture gold mine.
Panthera Resources notes passing of new minerals bill in India, presses on with litigation in regard to Bhukia
The company has appointed a leading international law firm to advise the company of its legal options, and in particular, the Australian Bilateral Investment Treaty.
A new environmentalist playbook
An improbable victory in El Salvador offers lessons for grassroots activists worldwide.
Canadian miner First Majestic wants to resolve its tax dispute with the SAT with international arbitration
Canadian mining company First Majestic Silver Corp submitted a request for arbitration based on NAFTA, due to the tax debt and its differences with the Mexican government.
VI court freezes assets in $6b case
A Virgin Islands court has frozen shares in two hotels belonging to Pakistan’s national airline to enforce a $6 billion award levied through the World Bank’s ICSID.
Mining operations – Submission of request for international arbitration to Chinese government
AsiaPhos has been in discussion with the Chinese Government (since November 2017) for a settlement in relation to the cessation of the mining activities because of the Panda Park.
Will Pakistan lose New York’s Roosevelt Hotel?
The Investor-State Dispute Settlement process has gone against developing countries for far too long.
Clive Palmer could seek ’unquantifiable’ commonwealth compensation under Singapore free trade deal
Australian taxpayers could be on the hook for compensation following a dispute between the Western Australian government and Clive Palmer’s Mineralogy, federal budget papers reveal.
Indiana Resources to begin arbitration again Tanzanian govt in Q1, 2021
Indiana Resources expects to begin arbitration with Tanzania over the expropriation of the Ntaka Hill nickel project and other alleged breaches of the UK-Tanzania BIT early 2021.
“It did not go well” - Barrick continues pressure on Papua New Guinea government while ignoring human rights
Barrick is offering the government of Papua New Guinea to pause legal proceedings upon signing of a framework agreement to reverse the decision not to grant it a licence renewal for its former Porgera mine.
Reko Diq Case: NAB unearths corruption to the tune of billions
National Accountability Bureau (NAB) Balochistan has collected irrefutable evidence revealing that billions of rupees have been lost to the national exchequer in the Reko Diq project after the bureau scrutinized its 30-year record.