- Published on Thursday, 10 November 2016 17:50
Gloria Orellana : CoLatino
We thank the grace of God for having won at the ICSID where El Salvador was being sued by OceanaGold/Pacific Rim company. "An applause for the people" said in emotional words Monsignor José Elías Rauda, Bishop of the Diocese Of San Vicente, at a mass officiated in the church Santa Barbara, in Sensuntepeque, Cabañas.
- Published on Friday, 11 November 2016 00:22
Council of Canadians : Rabble
On Friday, dozens of people gathered outside the office of Chrystia Freeland, Minister of International Trade, to demonstrate their solidarity with the people of El Salvador who have waited seven years for a World Bank tribunal decision in the controversial case of OceanaGold v. El Salvador. The rally, organized by the Toronto-based Mining Injustice Solidarity Network (MISN), and the Council of Canadians, demonstrated support for El Salvador's sovereignty in deciding to stop issuing mining licenses.
- Published on Wednesday, 09 November 2016 23:32
Thanks to the organised opposition to mining in El Salvador at both the national and international level, the resounding legal victory of the Government of El Salvador over OceanaGold(Pacific Rim) generated an incredible amount of media coverage.
Below you will find find a compilation of some of the many stories that were published.
Associated Press (US): El Salvador se adjudica victoria legal sobre minera, also in El Nuevo Herald (USA), Hoy Los Angeles (USA)
- Published on Thursday, 20 October 2016 19:29
Today, the General Attorney of the Republic of El Salvador offered a press conference in Washington D.C. to share the results of the arbitration, about which he had been notified by the International Centre for Settlement of Investment Disputes (ICSID/ CIADI), with respect to the case that the Pacific Rim-Oceana Gold mining company had initiated in June 2009 against El Salvador.
This litigation went on for seven years. During this time, El Salvador had to spend over 13 million dollars in its defense. The mining company had initiated the process demanding 70 million dollars; over the time, the amount rose to over 300 million and, after a new calculation that it was obliged to accept, due to the fact that it had been proved that the numbers were deliberately inflated, the demand was set in 250 million dollars.
- Published on Friday, 14 October 2016 22:46
After Seven Years and Millions of Dollars, Decision Announced in Pac Rim Mining Company vs. El Salvador: Coalition of Groups States “There are No Winners”
Investor-State Arbitration Subverts Democracy
Cabañas, El Salvador / Washington DC / Ottawa / Melbourne – Civil society groups worldwide that have allied with Salvadoran communities and organizations working on mining and environmental issues reacted to today’s decision by the controversial International Centre for Settlement of Investment Disputes (ICSID) on the seven-year old case of Pac Rim Cayman vs. El Salvador, stating that “there are no winners” in this case. On Friday, October 14, the tribunal announced their decision that Pac Rim’s lawsuit was without merit and hence that El Salvador will not have to pay the company the $250 million that it sought.
In 2009, Pac Rim Cayman LLC brought an “investor-state dispute settlement” (ISDS) case against El Salvador at the World Bank Group’s arbitration venue, ICSID. The company, now a wholly-owned subsidiary of the Canadian-Australian company OceanaGold, sued El Salvador for alleged losses of potential profits as a result of not being granted a mining concession for a gold project. The government of El Salvador did not issue the concession because the company failed to meet key regulatory requirements.
- Published on Thursday, 06 October 2016 21:22
RELEASE THE VERDICT NOW!
On Friday October 7th, on the eve of the World Bank’s fall meeting, people around the world will demand that a tribunal of the World Bank Group’s International Centre for Settlement of Investment Disputes (ICSID) to release a favorable decision for El Salvador on the Pac Rim Cayman LLC vs El Salvador case.
Solidarity actions with the National Roundtable Against Mining in El Salvador will be held in El Salvador, Washington, Toronto, Melbourne and the Philippines to demand that:
1. The World Bank Group’s ICSID immediately release a favorable decision that will finally vindicate the people of El Salvador and will allow their government to recover all legal expenses.
2. OceanaGold immediately discontinue all of its operations in El Salvador, including its Salvadoran subsidiaries Minerales Torogoz and El Dorado Exploraciones, along with the bogus El Dorado Foundation, which demonstrates utter disrespect for the broad opposition to mining in the communities, and could escalate the potential for conflict and further violence levels already been seen when Pacific Rim operated there.
We support the President of El Salvador, Salvador Sánchez Cerén, who has stated that he remains firm in his commitment not to grant mining concessions.