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Tag: GAR

Companies

Gold Reserve Files Multibillion-Dollar Claim Against Venezuela

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

Gold Reserve, a Canadian mining company, has filed a claim against Venezuela for over US$7 billion while also pursuing enforcement of a previous billion-dollar arbitration award against the state. Gold …

Gold Reserve Files Multibillion-Dollar Claim Against Venezuela Read More
Companies

Australian Mining Company Seeks US Court Enforcement Against Colombia

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

An Australian mining company is pursuing enforcement of an ICSID award in the US court which requires Colombia to refund overpaid royalties. This legal action reflects the mining sector’s broader …

Australian Mining Company Seeks US Court Enforcement Against Colombia Read More
Companies

Spanish Investor Receives $194 Million Ruling Against Peru Over Corruption-Linked Project

January 3, 2025January 3, 2025 - by Allegra Nguyen - Leave a Comment

The ICSID has awarded a Spanish energy company US$194 million against Peru for the cancellation of a natural gas pipeline project linked to the Odebrecht scandal. The tribunal rejected the …

Spanish Investor Receives $194 Million Ruling Against Peru Over Corruption-Linked Project Read More
Companies

Peru Triumphs Over Contractor Bid to Annul ICSID Award on Highway Upgrade

November 28, 2024November 28, 2024 - by Carmen Mendez - Leave a Comment

Peru has defeated a contractor’s effort to cancel an ICSID award that dismissed a US$150 million claim over delays in upgrading the Pan-American highway, solidifying the outcome of this major …

Peru Triumphs Over Contractor Bid to Annul ICSID Award on Highway Upgrade Read More
Companies

Tanzania Settles Third ICSID Mining Case with Canadian Company

November 22, 2024November 22, 2024 - by Carmen Mendez - Leave a Comment

Tanzania has agreed to pay US$27 million to a Canadian mining company to settle an ICSID case related to revoked mining licenses. This marks the third settlement the government has …

Tanzania Settles Third ICSID Mining Case with Canadian Company Read More
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