Contact; Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, Award of the Tribunal. 22 Oct 2018 Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29
Contact; Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, Procedural Order No. 5 . 5 May 2017 Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29
The dispute relates to a mining project in Kenya. The award addresses questions of investor compliance with national law, and the implications of investor non-compliance for investor-state dispute settlement.
NAIROBI, Oct 23 (Reuters) - Kenya has won a case against Cortec Mining Kenya Limited, Cortec (pty) Limited and Stirling Capital Limited over the revocation in 2013 of a licence for mining niobium ...
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29 Nature of the proceedings:
In April 2013, Cortec Mining Kenya Ltd (CMKL) was granted a 21 year Special Mining Licence for the Niobium and rare earths mining project in Mrima Hill. In August, The government of Kenya however through a press release revoked all mining licenses issued since January 2013 for a 60 day review period, on grounds that the licenses had been ...
Some authors argue that the decisions in Cortec Mining Case will affect extractives investments especially in environmentally sensitive areas. There is need to clarify the relevant …
The firms had been granted licence to mine niobium and rare earth minerals at Mrima Hills in Kwale County but it was later cancelled by the government, forcing Cortec to …
18 June 2015. Status of the case: Decided in favor of State. Claimant's country of origin: Kenya., United Kingdom. Respondent: Kenya. Institution: ICSID (International Centre for Settlement of …
"Cortec Mining Kenya Limited and ors v Kenya, Award, ICSID Case No ARB/15/29, IIC 1495 (2018), despatched 22nd October 2018, United Nations [UN]; World Bank; International Centre for Settlement of Investment Disputes [ICSID]" published on by Oxford University Press.
Contact; Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, Procedural Order No. 3. 12 Aug 2020 Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29
Reading Time: 2 minutes The Kenyan government has won a case brought against it by Cortec Mining Kenya Limited, Cortec (pty) Limited and Stirling Capital Limited over the revocation of a mining licence in 2013, an arbitrators' ruling showed.. A tribunal at the International Centre for Settlement of Investment Disputes ruled that the companies' licence …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29) PROCEDURAL ORDER NO. 1 ... 7.3. For local messenger deliveries, the contact details are: Ms. Aïssatou Diop Ms. Kendra Magraw 701 18th Street, N.W. ("J Building") 2nd Floor Washington, D.C. 20006 Tel.: + 1 (202) 458 ...
Kenya won the first case in 2013 but the firm dissatisfied with the ruling appealed with the secretary-general in 2019. Cortec Mining Kenya then partly owned by Canadian-listed Pacific Wildcat had accused the then Mining Cabinet Secretary Najib Balala of unfairly revoking their license. Juma then alleged that the CS was seeking a Ksh80 million ...
Lab results released by Cortec Mining Kenya Ltd, indicate that Niobium, valued at Sh3 trillion ($35 billion) exist in the area, in what confirms the hill as Kenya's largest mineral deposit.
The claimants were Cortec Mining Kenya Limited (CMK), a private company constituted in Kenya, and its majority shareholders, Cortec (PTY) Limited and Stirling Capital Limited, two British holding companies. The claimants began to invest in a mining project at Mrima Hill in Kenya in 2007 and obtained their Special Prospecting License (SPL 256 ...
Contacts ; Cortec v Republic of Kenya: Cautionary tale on local due diligence for international mining projects. Mining Law Canada Blog | 12 August 2021. ... Cortec Mining Kenya Limited, Cortec (PTY) Limited, and Stirling Capital Limited v Republic of Kenya, ICSID Case No. ARB/15/29 – Decision on Application for Annulment (19 March 2021) at ...
Evidence — Corruption — Bad faith — Bribery — Whether the State may prove allegations of bad faith or corruption without putting the allegations to witnesses — Whether the review of mining licences was a response to the refusal to pay a bribe Jurisdiction — Dispute — ICSID Convention, Article 25(1) — Whether there was no dispute because the State had merely suspended rather ...
Kenya, an investor-state arbitral tribunal established under a bilateral investment treaty (BIT) held it lacked jurisdiction to hear a dispute concerning a mining project that the tribunal found did …
Cortec Mining Kenya Ltd, Cortec (pty) Ltd and Stirling Capital Ltd had sued the government, following the revocation of a mining licence in 2013 by President Kenyatta's Jubilee administration. The licence had been awarded on March 7, two days after the 2013 elections, following reported political lobbying of outgoing officials in President ...
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29 ... and courier/parcel deliveries to the ICSID Secretariat, the contact details are: Ms. Aïssatou Diop . ICSID . MSN J2-200 . 1818 H Street, N.W. Washington, D.C. 20433 . USA . Tel.: + 1 (202) 458-9833 . Fax: + 1 (202 ...
Republic of Kenya, the claimants, Cortec Mining Kenya Limited (CMK), a private company constituted in Kenya, and its majority shareholders, Cortec (PTY) Limited and Stirling Capital Limited, two British holding companies, began to invest in a mining project in a niobium and rare earths exploration project located at Mrima Hill in Kenya in 2007 ...
Abstract. Evidence — Corruption — Bad faith — Bribery — Whether the State may prove allegations of bad faith or corruption without putting the allegations to witnesses — Whether …
Kenya has for the second time won a Sh200 billion case against Cortec Mining Kenya Limited and Stirling Capital Limited over revocation of their licence in 2013. The two wanted the International Centre for Settlement of Investment Disputes (ICSID) to overturn a 2018 tribunal decision, which found the license was a protected investment.
The Tribunal failed to exercise jurisdiction over Cortec's investments beyond the mining licence, namely its prospecting licence and ownership of shares in Cortec Mining Kenya Limited. The ad hoc …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29) - Annulment Draft Procedural Order No. 4 i
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Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya. Case ID: ICSID Case No. ARB/15/29. Country: Kenya. ... Contact us. Featured book. Due Process in International Commercial Arbitration. Matti S. Kurkela, Santtu Turunen and Conflict Management Institute (COMI)
Cortec said the current combined mineral exports from Kenya are valued at $90 million, and Kwale's production will boost the minerals sector contribution to $240 million, making minerals the fourth most important export …
According to its analysis, the rare earth and niobium minerals extend beyond 100 metres below the surface and not the 30 metres that had been estimated by its Kenyan outfit, Cortec Mining. Mr Darren Townsend, the chief executive officer of PAW, told Smart Company that additional drilling at Mrima Hill is expected to push the area from the ...
In a letter dated July 29, this year, written by Cortec Mining Kenya to the Ethics and Anti-Corruption Commission (EACC) of Kenya, the firm accuses Mr Balala of demanding the money to aid him buy a house to replace his Karen one which he is said to have sold to raise funds for campaign during the last General Election.
Kenya has won a case against Cortec Mining Kenya Limited, Cortec (pty) Limited and Stirling Capital Limited over the revocation in 2013 of a licence for mining niobium and rare earth minerals, a ...
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