Winshear Gold Corp. reports that pursuant to the company’s arbitration case against the Republic of Tanzania, the company and Tanzania have suspended arbitration proceedings and have reached a conditional settlement agreement.
Mexico has been hit with three sets of trade arbitration proceedings in the past few days, according to the International Centre for Settlement of Investment Disputes.
The arbitration arises from Mexico’s expropriation and other treatment of Silver Bull and its investments resulting from the illegal blockade of Silver Bull’s Sierra Mojada project.
Un nouveau rapport publié mercredi par le Centre canadien de politiques alternatives recommande à Ottawa de soutenir la défense américaine : que TC Énergie n’a aucun recours légal en vertu des règles commerciales nord-américaines, passées ou présentes.
Enerflex argued the ruling defied regional trade agreements between Mexico, the United States and Canada, also calling the court’s decision “indirect expropriation” and denouncing arbitrary treatment by the Mexican state.
Canadian company Gabriel Resources, the majority shareholder of the developer of the blocked gold mining project in the Apuseni Mountains, seeks to raise up to USD 4.75 mln from investors with a private placement.