TC Énergie et son projet d’oléoduc Keystone XL ont subi un coup dur après une décision du tribunal qui a rejeté sa demande de réclamation de 15 milliards de dollars américains en dommages et intérêts.
Canadian company Gabriel Resources filed an appeal against the decision of the Washington Arbitration Court by which Romania won the case in the Roșia Montană gold mining project, requesting its annulment.
Dispute settlements in international investment law protect the rights of companies. However, they suppress the voice of local communities, as Stephanie Triefus found in her PhD research.
Investor-state dispute settlement allows foreign investors to sue governments for billions. A new report highlights this international legal system harms Indigenous Latin Americans.
The World Bank’s ICSID ruled in favour of Colombia in a feud with Canada’s Montauk Metals after finding that the mining ban imposed by the Gustavo Petro administration on the Santurbán moor does not violate the Canada-Colombia Free Trade Agreement signed in 2008.
La Colombie a remporté un procès contre la société minière canadienne Montauk Metals, qui réclamait 240 millions de dollars canadiens pour l’avoir expropriée d’une zone d’extraction d’or dans un écosystème fragile du nord-est du pays.
Earlier this year, ICSID dismissed the claims of Gabriel Resources in the Roșia Montană case. The court also obliged the companies to pay Romania the costs of the lawsuit, as well as interest.
Romania has placed a lien on over 80% of the shareholding held by Gabriel Resources in Roșia Montană Gold Corporation to recover its $10 million arbitration costs incurred over a 9-year process in Washington.
Une compagnie minière canadienne a perdu une procédure d’arbitrage contre la Roumanie, qui avait bloqué son projet d’exploitation d’une mine d’or sur un site désormais inscrit sur la liste du patrimoine mondial de l’UNESCO, a annoncé Bucarest.
The Romanian government has won a years long legal dispute with a Canadian mining company seeking damages over failed plans to open a gold and silver mine in the Eastern European country.