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Montero Awarded Exploration Concessions and Expands Land Package Over Copper Molybdenum Porphyry Target, Chile

Montero Awarded Exploration Concessions and Expands Land Package Over Copper Molybdenum Porphyry Target, Chile
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Tribunal to hear miner s dispute against Tanzania

Tribunal to hear miner’s dispute against Tanzania Friday April 09 2021 Summary Indiana argues that expropriation of its nickel project breached agreements signed by Tanzanian, British and the Northern Ireland governments for promotion and protection of investments under bilateral investment treaties. Montero Mining and Exploration Ltd and Winshear Gold Corporation also have arbitration cases against Tanzania. Advertisement The arbitral tribunal by the International Centre for Settlement of Investment Disputes (ICSID) will hold its first session on April 22 to hear the $95 million international compensation claim filed against Tanzania’s government by Indiana Resources Ltd of Australia last April. In a notice to shareholders, Indiana said, “Cavinder Bull of Singapore has been appointed president of the arbitration tribunal with Justice Sanji Monageng of Botswana and Doak Bishop of the US confirmed as arbitration panel members.”

Canadian Miner Gets Funding For Tanzania Arbitration

ADVERTISEMENT ADVERTISEMENT Canadian Miner Gets Funding For Tanzania Arbitration Law360 (February 12, 2021, 6:54 PM EST) Tanzania has been hit with a bid for arbitration by Montero Mining and Exploration Ltd. over the African nation s alleged expropriation of the Wigu Hill rare earth element project, following the Toronto-based company s announcement that it has secured $2.32 million in litigation funding. Montero said Jan. 8 that it had completed a litigation funding agreement with Omni Bridgeway Canada Ltd. so that it can pursue legal proceedings against the United Republic of Tanzania. The mining company said it has retained French commercial law firm Jeantet AARPI and lead counsel Thierry Lauriol to represent it as it pursues its dispute over the.

Montero Completes Drilling of Target A at The Isabella Gold Silver Project in Chile

Montero” or the “ Company”) has completed 1,096 m of a planned 2,800 m diamond drill program at its Isabella Gold Silver Project (“Isabella”) in Chile. At Isabella 2,600 m of drilling is planned to test gold silver mineralization within 4 separate vein targets and 200 m to test for breccia-type base-metal mineralization in sediments adjacent to the granite contact. Drilling is now complete at Target A and the drill rig has been moved to Target C where 2 holes will be completed before moving to Target B and Target D. Target A drill core is being logged and is being dispatched for assay once core logging is completed. Drilling is being carried out by Mountain Drilling Limitada based in La Serena, Chile, and to adhere to Covid-19 safety protocols, have set up a camp at site to reduce interaction with the local community.

TANZANIA : Arbitrators lining up for Magufuli mining disputes at ICSID

Arbitrators are in the process of being appointed to handle actions filed at ICSID against Tanzania by Montero Mining, Indiana Resources, and Winshear Gold over the withdrawal of their mining permits

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