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Extractive Industries for Sustainable Development in Kenya
Most recently, Cortec Mining Kenya Limited has announced that Mrima Hills in Kwale County has one of the largest rare earth mineral deposits in the world with a potential in-ground value of up to USD 62.4bn. As Kenya undergoes political, economic and social transition underpinned by a progressive Constitution, it has great opportunity to learn ...
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Cortec v Republic Of Kenya: Cautionary Tale On Local Due
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited (collectively, Cortec), each a subsidiary of Canada's Pacific Wildcat Resources Corp. 4. Award at paras 43 & 63. 5. Award at para 100. 6. Award at paras 97-105. 7. Decision on Application for Annulment at paras 4, 74-78. 8. Award at para 222.
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Cortec Mining v. Kenya
Kenya, Decision on the Stay of Enforcement of the Award, 23 Aug 2019. Cortec Mining v. Kenya. 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: International. Type of case: Investor-State.
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The Kenya Forum | Mining companies in legal battle with …
Cortec came to the public limelight following an announcement that the firm had discovered deposits of Niobium, a rare earth mineral, worth over $100billion in Kwale.According to Cortec's Managing Director, David Anderson, the mineral finding is the world's sixth largest reserve of the rare metal with a mine life of up to 18 years.
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Cortec Mining Kenya Limited, Cortec (Pty) Limited …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya, ICSID Case No. ARB/15/29. Mining and quarrying, including hydrocarbons (oil and gas) The Tribunal ordered the Claimants to pay the Respondent US $3,226,429.21 plus US $322,561.14 in ICSID costs.
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INTERNATIONAL CENTRE FOR SETTLEMENT OF …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29) Procedural Order No. 3 10 SCENARIO TWO: THERE IS NO REQUEST FOR BIFURCATION; OR BIFURCATION IS REQUESTED, BUT NOT GRANTED 3 No. Description Party / Tribunal Time Period / Date Comments …
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CORTEC MINING KENYA LIMITED CORTEC (PTY …
Cortec Mining Kenya Limited, Cortec (Pty) Ltd and Stirling Capital Limited : Cls. C-M Jur. Claimants' Counter-Memorial on Jurisdiction dated 25 January 2017 : Cls. Mem. Merits . Claimants' Memorial on the Merits dated 5 May 2016 : Cl. PHB . Claimants' Post Hearing Brief dated 11 April 2018 :
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INTERNATIONAL CENTRE FOR SETTLEMENT OF …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29) - Annulment Procedural Order No. 3 7 . 22. The Committee emphasizes that parties are expected to use the the aring day Hes efficiently and avoid unnecessary slippage (e.g., delays in returning from breaks) . In the
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The Kenya Forum | Mining companies in legal battle with …
Mining Cabinet Secretary Najib Balala and Attorney General Githu Muigai are being taken to court by Cortec Mining Kenya Limited in an action that the mining company has described as "very very urgent". ... apparently one Kenyan, Mr Jacob Juma, a Director of Erad Suppliers, owns 30 per cent of Cortec Kenya, which is a subsidiary …
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INTERNATIONAL CENTRE FOR SETTLEMENT OF …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29) Procedural Order No. 4 3 to the Tribunal, counsel for the Respondent stated that "the Claimants have refused to accept the Respondent's good faith assurance[s]"2 in this respect and that "the Claimants
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Civil Suit 106 of 2011
Kingdon Minerals Limited v Cortec Mining Kenya Limited & 5 others [2018]eKLR REPUBLIC OF KENYA IN THE HIGH COURT OF KENYA AT NAIROBI MILIMANI COMMERCIAL COURTS COMMERCIAL AND TAX DIVISION CIVIL SUIT NO. 106 OF 2011 KINGDON MINERALS LIMITED......................................PLAINTIFF/APPLICANT VERSUS
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Cortec Mining Kenya Limited, Cortec (Pty) Limited and …
Jurisdiction — Investment — Legality — Municipal law — Intangible assets — Environmental impact assessment — Proportionality — Bad faith — Whether there was an implied requirement that investments be in accordance with the laws of the host State — Whether a prospecting licence and data generated thereunder qualified for ...
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Kenya's $100 billion hidden mineral deposits
Base Resources Limited another Australian based company is expected to start mining Titanium in Kwale and has put the total project cost at $300 million. 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 ...
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Energy and Natural Resources
Government of Kenya in a multibillion investment arbitration proceedings filed by Cortec Mining Kenya Limited at the International Centre for Settlement of Investment Disputes (ICSID) The government of an East African country on its oil and gas operations; The senior lenders on a 981 MW coal-fired power plant in Lamu County, Kenya
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INTERNATIONAL CENTRE FOR SETTLEMENT OF …
Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stirling Capital Limited v. Republic of Kenya (ICSID Case No. ARB/15/29) Procedural Order No. 2 1 WHEREAS 1. On 29 March 2016, the Tribunal issued Procedural Order No. 1 in the above-referenced case. Procedural Order No. 1 was accompanied by Annex A containing the Procedural
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Arbitration
The International Law Division has dealt most successfully most recently in two matters WalAm Energy Inc v Republic of Kenya, and Cortec Mining Kenya Limited, Cortec (Pty) Limited and Stiling Capital Limited v. Republic of Kenya, ICSID Case No. Arb/15/29 the Tribunal awarded about Kshs. 350 million [PLACE A LINK- ]
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