AngloGold Ashanti’s decision to sue government at the ICSID over security concerns at its Obuasi concession has been described as “surprising” by private legal practitioner and former Attorney General, Ayikoi Otoo.
A small Canadian mining company has found itself at the centre of a highly charged dispute over its rights to mine for gold in a Colombian nature reserve.
Centerra Gold Inc.reports that it has delivered a notice of arbitration to the Kyrgyz Republic Government in connection with certain ongoing disputes relating to the Kumtor mining project.
La reciente demanda contra Panamá registrada ante el CIADI por una empresa minera norteamericana constituye una nueva señal sobre la peligrosa deriva del arbitraje inversionista-Estado en América Latina.
AngloGold Ashanti said it filed a dispute with Ghana at an international investor arbitration panel due to the country’s failure to protect the company’s Obuasi operation from illegal miners.
The latest country to be hooked under ’free trade’ agreements is Colombia sued for tens of billions of dollars for valuing its national parks and the high-altitude Andean wetlands that provide 70% of the nation’s water above the profits of foreign corporations.
Crystallex International Corp. completed the easy part: It won an arbitration award against Venezuela worth nearly US$1.4 billion. Now comes the hard part: actually collecting that money.