Bolivia’s Attorney General announced that the Permanent Court of Arbitration ruled in favour of the country by denying any compensation to the Orlandini Mining Company for the reversal of its concessions.
Company said it has spent more than 13 years in northeast Minnesota conducting extensive environmental, engineering, exploration, hydrogeological and community engagement work.
Modified law, however, will ban all future mining concessions, including exploration, extraction and transportation of minerals, as well as contract renewals in Panama.