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The EU-Mercosur free trade agreement: A critical analysis and an alternative
The EU-Mercosur trade agreement leads to the destruction of nature, violation of land rights of farmers and Indigenous people and loss of industrial jobs in the Mercosur countries.
Toxic mine to re-open after Australian gold miner sues Thai Government
Environmental defenders in Thailand have slammed a decision by the Thai Government to reinstate formerly revoked mining licenses following a lengthy legal battle in an international arbitration tribunal.
Thai Prime Minister under fire over reopening of Australian gold mine
The mine was shut amid accusations of villagers being poisoned by leaking toxic waste. Kingsgate, whose Thai subsidiary Akara Resources had operated the mine since 2001, filed an international arbitration lawsuit.
Mexico seeks to settle $1.1 bln Vulcan suit over limestone mine closure
The Mexican government said on Thursday that it is negotiating the settlement of a $1.1 billion lawsuit by Vulcan Materials Co over a government effort to shutter its limestone mine.
‘Breakthrough’ as Pakistan, TCC agree over share in Reko Diq case
Pakistan and Tethyan Copper Company (TCC) have agreed over 50 percent shares, likely paving way for averting a multi-billion-dollar fine imposed on Pakistan.
Balochistan MPAs ‘satisfied’ over Reko Diq pact
Pakistan federal govt officials tell lawmakers talks under way that may pave way for TCC’s Barrack to resume project.
Chile’s Codelco requests second arbitration against Ecuador over copper project
Chile’s state-controlled Codelco requested a second international arbitration process with Ecuador and its National Mining Company (Enami EP) over the Llurimagua copper project.
Missing from the climate talks: Corporate powers to sue governments over extractives policies
Allowing oil, mining, and gas companies to continue to file expensive lawsuits over environmental regulations could undermine whatever agreements might be reached in the COP26 in Glasgow.
Turkish exporters aim for $50B annual trade with Africa
Turkish exporters are aiming to increase annual bilateral trade with Africa from $25 billion (TL 240.43 billion) to $50 billion with the help of agreements in various sectors, the head of the Foreign Economic Relations Board (DEIK) said on Friday.
How Nigerian brands can win in Africa, against all odds
Insights on how local Nigerian brands can become regional and pan African giants by leveraging opportunities that AFCFTA provides. The role of government and private sector investors in this drive.
Problematising the relationship between mining, development and foreign investment in Colombia
The new resource extraction regime continued to consolidate through the approval of new development plans, new standards, and the signing of international investment agreements.
Russians warn of arbitration against South Africa
RUSSIAN attorneys have warned they will institute international arbitration proceedings against South Africa for failing to protect their client Transasia Mineral’s investment after the company was allegedly defrauded of R458 million by a local businessman.
Deep-sea salvage firm uses NAFTA to fight Mexican environmental rules
A lawsuit filed against the Mexican government for denying a permit for seabed mining has put a spotlight on the lack of international rules for such practices.
How ‘blood mineral’ traders in Rwanda are helping fund Congo rebels – and undermining global supply chains
New evidence from a UN report and a high-profile investor arbitration case is casting a spotlight on Rwanda’s role in sophisticated smuggling networks that extract gold and coltan from Congolese conflict zones and funnel the strategically important minerals illicitly into global supply chains.
Ancient Romanian gold mine given UNESCO protection
The derailment of the plans led Canadian mining company Gabriel Resources to sue the Romanian government for $5.7 billion before the Washington-based ICSID.
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.