Mine Suspension: Arbitration Panel FormedThe arbitration panel was formed to hear the lawsuit against the State of Guatemala, which was filed because of the suspension of the operations of the El Tambor mine, in San José del Golfo and San Pedro Ayampuc.Tuesday, July 9, 2019
After the arbitration claim was filed by the Americans Daniel W. Kappes, Kappes, Cassidy & Associates before the International Centre for Settlement of Investment Disputes (ICSID) on December 11, 2018, the body announced that the panel was formed. Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Million-dollar Sue Against Mine SuspensionDecember 2018 Representatives of the El Tambor mine, located in San José del Golfo and San Pedro Ayampuc, filed a $300 million lawsuit against the State of Guatemala. Another Favorable Ruling for El Salvador in Mining DisputeMarch 2017 A new ruling by the International Center for Settlement of Investment Disputes requires the mining company OceanaGold to pay interest on the $8 million it owes to the Salvadoran State. Ruling Favors El Salvador in Mining DisputeOctober 2016 The International Centre for Settlement of Investment Disputes has ruled in favor of El Salvador in the dispute with the mining company OceanaGold, owner of the El Dorado gold mine. Litigation Between Costa Rica and Canadian Mining Company SuspendedJuly 2015 The Canadian firm Infinito Gold has ceased operations and requested the temporary suspension of arbitration against Costa Rica over the failed concession of the Crucitas gold mine.
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