James Burrows testified for the Bolivarian Republic of Venezuela in an ICSID case brought about by Gold Reserve Inc., a Canadian gold mining company, for claims totaling $1.735 billion plus interest. The claims related to Gold Reserve’s rights to develop the Brisas gold and copper mining project in Southeastern Venezuela, one of the largest undeveloped gold and copper deposits in the world. CRA’s work focused on the valuation of the Brisas project for Venezuela.
Mining arbitrations in practice: Filing trends, shifting geography, and claimant recovery
Building on CRA’s 2023 study of disputes involving mineral assets, Tiago Duarte-Silva and Swati Kanoria examine over 150 investor-State mining arbitrations...