- Published on Tuesday, 27 September 2016 00:01
On September 15, 2016 an ICSID Tribunal closed the arbitration proceedings in the case that Pacific Rim/OceanaGold began on June 15, 2009 (over 7 years ago) against the government of El Salvador. During this time the government has spent more than US$13 million in legal costs in a suit where the company attempts to obtain more than US$300 million in compensation for not been allowed to harm the environment and the health of the inhabitants of El Salvador.
The next step in the proceedings is for the tribunal to issue an award, which may be released in the short term, may also be known within 6 months, and chances are that it may take an indefinite amount of time.
- Published on Monday, 26 September 2016 23:37
The Water Forum denounces secret negotiation of the General Water Law between the Ministry of Environment and Natural Resources, the Ministry of Economy and ANEP
In 2006 the Water Forum delivered the first proposal for a "General Water Law" to the Legislative Assembly, yet our country still does not have a regulatory framework governing the different uses of water.
In October 2015, the Water Forum met with the President Salvador Sanchez Ceren and part of his Cabinet, to obtain the position of the Executive government regarding the General Water Law. At that meeting, it was stated that there was no negotiation with the private sector and it was denied that a new water bill was being planned.
- Published on Monday, 26 September 2016 23:20
Leon Dulce: IPCM
The 2016 World Social Forum recently held in Montreal, Canada became an important opportunity to develop an important global undertaking: the forging of an international people's campaign to hold accountable the global harm aggressively spurred by Australian-Canadian mining giant OceanaGold.
Member organizations of the International People’s Conference on Mining led the initiative at the WSF through a discussion-workshop on building global strategies addressing Canadian mining impacts across the world, focusing on the case of OceanaGold.
- Published on Monday, 26 September 2016 21:50
It is expected that in the coming days or weeks, the International Centre for Settlement of Investment Disputes (ICSID) will issued its ruling on the request for Pacific Rim-Oceana Gold against the Salvadoran State. The publication of the ruling was delayed because late transnational mining company tried in vain a negotiated settlement with the Salvadoran government.
Canadian company Pacific Rim, later acquired by Australia's OceanaGold, sued El Salvador for $300 million as compensation for not allowing the exploitation the El Dorado mine in San Isidro, Cabañas.
- Published on Monday, 26 September 2016 21:10
Jose Mejia | Transparecia Activa
Luis Parada, the attorney representing the Salvadoran State in the international litigation initiated by Pacific Rim/Oceana Gold, explained that before an adverse ruling, the company tried to delay the resolution of the award and evaluate whether the government could negotiate the resolution to avoid losing its claim to $300 million in compensation.
Parada said that although it had been announced that the award (ruling) could be ready in in late August, he has now says been told that it is likely to be until mid-September and, if favorable, would be a symbolic achievement.
He added that on Monday, August 22 the Tribunal of the International Centre for Settlement of Investment Disputes (ICSID), based in Washington under the jurisdiction of the Word Bank, officially communicated with the two parties involved in the dispute to let them know that "the award was still being translated but that was in the final stage, in the review of the translation. There, it was suggested that mid-September was expected resolution ".
- Published on Monday, 26 September 2016 17:49
The National Roundtable against Metallic Mining (MNFM) met with the President of the Republic, Salvador Sanchez Ceren to discuss the environmental situation of the country, particularly the mining situation and submitted a proposal for an Executive Decree to definitively prohibit mining. The President reaffirmed his government's commitment not to allow mining in the country.
The President, the Minister of Environment and Legal Secretary of the Presidency received representatives of the National Roundtable Against Mining- La Mesa, who presented a draft executive decree that seeks the suspension of metallic mining in the country, they feel the granting of concessions of the current the Mining law contradicts the provisions of article 103 of the Constitution as it does not establish the approval of the Legislature.