2013
South American Silver v. Bolivia South American Silver Limited v. The Plurinational State of Bolivia (PCA Case No. 2013-15)
Bolivia, Plurinational State of
Bermuda
Rights under mining concessions held through claimant's wholly-owned subsidiary, Compañia Minera Malku Khota.
Claims arising out of the Government's decree that revoked mining concessions held by the claimant’s subsidiary, following protests and social unrest within the indigenous populations in the mining area.
Primary: B - Mining and quarrying
7 - Mining of metal ores
UNCITRAL
PCA (Permanent Court of Arbitration)
Orrego Vicuña, F.
Guglielmino, O. C.
Zuleta, E.
Decided in favour of investor
385.70 mln USD
18.70 mln USD
Direct expropriation

Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Umbrella clause

National treatment

Arbitrary, unreasonable and/or discriminatory measures
Direct expropriation
None