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In El Salvador, OceanaGold Must ‘Pay Up and Pack Up’

February 23, 2017 | By admin | No Comments | Filed in: OceanaGoldPacific RimEl SalvadorInternational Trade & Investment.

After seven years, four murders and US$24 million in total legal costs, in October 2016, a little-known World Bank tribunal trashed OceanaGold’s claim that El Salvador either owed it a mining permit for a proposed gold mine or US$250 million dollars. The Washington D.C.-based International Centre for Settlement of Investment Disputes (ICSID) panel decided that • Read More »