President Alvi seeks SC's opinion on new Reko Diq deal - Pakistan
Canada’s Barrick Gold, which owns half of gold and copper mining project, earlier asked govt to get deal stamped by parliament.
Source: dawn.com
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Mining Disputes in Latin America
The mining sector continues to be an important industry to Latin America. Mining plays a major role in the region’s GDP and contributes significantly…
Source: lexology.com
Tethyan Copper Wins Bid For Docs To Enforce $6B Award
A New York federal judge granted Tethyan Copper Co.'s petition seeking information from Norton Rose Fulbright, White & Case LLP and a hotel management company to aid its efforts in the British Virgin Islands to enforce a $6 billion arbitral award against Pakistan.
Source: law360.com
Barrick to restart Reko Diq project in deal ending dispute with Pakistan - Pakistan
“The agreement has nullified the award of around $11 billion on us and secondly Barrick will invest $10 billion,” says minister.
Source: dawn.com
Pakistan, foreign mining firm to revive megaproject
Pakistan has reached an out-of-court deal with a foreign firm that has agreed to waive $11-billion in penalties and revive a mining project stalled since 2011.
Source: enca.com