Arbitrators Won’t Dismiss $210M Kyrgyzstan Mining Claims
An arbitration tribunal hearing a $210 million arbitration against the Kyrgyz Republic for canceling a Canadian company’s licenses to mine rare earths has rejected the country’s challenges to its authority to hear the case, the company told shareholders Thursday.
The decision means that claims will advance to the merits stage, Stans Energy Corp. said. The dispute comes after setbacks to the company’s effort to enforce a separate arbitral award worth $118 million were rejected twice by Canadian courts, which prevented Stans from seizing assets belonging to…
source: law360.com
Advertisement
Latest Posts
- Serbia, The real plans of the Jadar project
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
Popular Post
- Serbia, The real plans of the Jadar project
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
- First Quantum Minerals, Roaring Back to Life thanks to sale of Kevitsa nickel-copper-platinum mine in Finland
- Solway copper mine Bucin Macedonia operations
- Miedzi Copper Corporation discovers deposits of silver and copper in Poland
- Rosia Montana in Romania, UNESCO protection and value of civic action
- Lithium extraction in Europe
- Outokump’s Kemi chrome mine in Finland targeting carbon neutrality by 2025
- International mining companies in North Macedonia face resistance from local initiatives
- Erin Ventures boron Piskanja project in Serbia, drilling report updates