Pacific Rim sues El Salvador

Pacific Rim, a company which was expecting to dig for gold at the El Dorado gold mine, announced its intention to sue El Salvador for not issuing the exploration and exploitation permits.

Wednesday, December 10, 2008

The company said that there is no legal basis for the denial of the permits, and that they will move to sue the country under the terms of the FTA between the US and CA-DR, known as CAFTA-DR.

Pacific Rim Mining Corp explained in a press release that it is own by Pac Rim Cayman LLC, which is based in Nevada, USA.

More on this topic

Mining Suit Against El Salvador Outside FTA

June 2012

A lawsuit by Pacific Rim Mining against the Salvadoran government must be resolved by the local jurisdiction, and not by that provided for under the DR-CAFTA.

An arbitration panel from the World Bank has found that the Canadian company Pacific Rim "does not have nor has had substantial operations in the United States" in order to take their case against the State of El Salvador to the dispute settlement mechanisms of DR-CAFTA.

El Salvador Looks to Block Pacific Rim Law Suit

August 2010

The Salvadoran government has filed a new set of objections after the

The document, presented as a response to the backing given by the International Center for Investment Dispute Resolution (CIADI), describes the way the company changed its nationality in order to take advantage of the benefits of the free trade agreement.

Dispute between Pacific Rim and El Salvador Continues

August 2010

The court at the International Centre for Settlement of Investment Disputes (ICSID) has ruled in favor of the Canadian gold mining company and dismissed preliminary objections raised by El Salvador.

Pacific Rim, owner of the El Dorado gold mine, is at the center of an international dispute with the Salvadoran government.

Arbitration Between Mining Company and El Salvador

July 2009

Pacific Rim interposed an arbitrage against El Salvador, process that started on June 15.

The arbitration was interposed by Pacific Rim on the grounds that the country did not grant permission for the start of operations of El Dorado, a gold extraction project located in the Cabañas department.

 close (x)

Receive more news about Mining & Geology

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Aguilar Castillo Love

Aguilar Castillo Love is a leading international law firm with offices in Central America and Ecuador.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Central America
Phone: (505) 2225 8748

Company Profile

Stock Indexes

(Aug 30)
Dow Jones
S&P 500


(Oct 24)
Brent Crude Oil
Coffee "C"