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2018
Gran Colombia v. Colombia Gran Colombia Gold Corp. v. Republic of Colombia (ICSID Case No. ARB/18/23)
Applicable IIA
Nationality of the parties
Colombia
Canada
Summary of matters at issue
Mining rights over gold and silver deposits in the Segovia and Marmato municipalities in Colombia.
Claims arising out of the Government’s alleged failure to address civil strikes and other disruptions to the claimant’s mining projects caused by illegal artisanal miners and a guerilla group.
Economic sector and subsector
Primary: B - Mining and quarrying
7 - Mining of metal ores
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Data not available
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
700.00 mln USD
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page