mining


Sued for existing – ancient Romanian town on the frontline of the battle against ISDS
Today, the 6th of February 2019, the Romanian town of Roşia Montană celebrates its 1888th year of existence. Over the past 20 years, residents have fought against a proposed multi-billion dollar mining project.
Paris Court of Appeals decision on award
The Paris Court of Appeals partially annulled the arbitral award issued in favour of Rusoro in August 2016 against Venezuela.
Foley Hoag wins arbitration for Venezuela, obtaining dismissal of $400M claim
Anglo American loses $400 million claim against Venezuela over an expropriated ferronickel processing facility.
Pakistan makes final push for Reko Diq settlement
Pakistan is making a last-ditch effort for an out-of-court settlement in the Reko Diq mining case, wherein the complainant company whose contract was terminated is claiming $11.43 billion in damages in an international tribunal.
World Bank could hit Pakistan with $11 billion fine
Pakistan may have to pay a damages claim worth $11 billion after losing the infamous Reko Diq case to an Australian mining company.
Westwater announces acceptance of its request for arbitration
At issue is Turkey’s taking of Westwater’s Temrezli and Şefaatli uranium projects in June 2018.
Citgo settlement falters, auction plan resurfaces
Former Canadian mining company Crystallex has resumed efforts to auction shares of Venezuelan-controlled US refiner Citgo and accused Caracas of breaching an earlier settlement to stave off the sale.
Westwater files international arbitration request against Republic of Turkey
Westwater Resources, an energy materials development company, announced the filing of a request for arbitration against the Republic of Turkey for the taking of its Temrezli and Şefaatli uranium projects in June 2018.
Congo declares cobalt 'strategic', nearly tripling royalty rate
Foreign investors say the tax hikes under the new code will deter further investment and have threatened to challenge some parts of the regulation in arbitration.
India, Gabon discuss bilateral trade, investment
Gabon has shown interest in entering into a Bilateral Investment Treaty with India. Gabon has the 6th largest reserves of Manganese in the world. Gabon is also making efforts to attract investment from India in construction of railway lines in key mining clusters.