ICSID Rejects Canadian Gold Mining Investor’s $180M Claim Against Colombia

(June 25, 2024, 1:22 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on June 24 published a tribunal’s award in which it found jurisdiction over a Canadian gold mining company’s claims against the Republic of Colombia for more than $180 million in damages but rejected its claims that Colombia expropriated its investment by imposing environmental restrictions on its mining activities....