Winshear Gold Corp. has filed a case at ICSID against Tanzania for the expropriation of the company’s retention licenses, claiming the country has breached its obligations under the Tanzania-Canada BIT.
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.
Indiana argues that expropriation of its nickel project breached the investment agreement signed by Tanzanian, British and the Northern Ireland governments.
The International Centre for the Settlement of Investment Dispute has advised Indiana Resources that the “Arbitral Panel” has now been formed with the first procedural hearing scheduled for the 22nd of April 2021.
L’Etat tanzanien et la compagnie minière devraient se retrouver devant un tribunal du CIRDI au premier trimestre 2021. La société réclame 95 millions $ au moins pour « expropriation illégale » au projet de nickel Ntaka Hill.
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.
En los últimos años, el Gobierno de Tanzania ha introducido cambios importantes a la legislación que rige la inversión extranjera en recursos naturales, y mecanismos relacionados con la solución de controversias, con el objetivo de librar a este sector de los vestigios de las relaciones “coloniales”.
La Tanzanie a promulgué des modifications profondes de la législation régissant les investissements étrangers dans le secteur des ressources naturelles, dans le but de débarrasser le secteur des vestiges des relations « colonialistes ».
Tanzania has enacted significant changes to the legislation governing foreign investment in natural resources with the aim of ridding the sector of the vestiges of “colonial” relationships.