In a Bilateral Investment Treaty dispute under UNCITRAL rules between a CIS-based gold mining company and a sovereign state, CRA experts were engaged by the Claimant to assess allegations of unfair taxation. The client was headquartered in Russia, and most supporting documentation, including financial statements, was in Russian. The CRA team provided multiple expert reports during the liability phase of the arbitration, analyzing the company’s operating costs, cash costs, and production costs.
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...
