CENTRAL/SOUTH AMERICA STORIES

Santa Ana arbitration settlement pending

Bear Creek Mining (CN:BCM) is hopeful of obtaining a compensation payout after the World Bank’s ICSID arbitration tribunal closed the hearings related to the expropriation of its Santa Ana project in Peru, chairman Catherine McLeod-Seltzer told Mining Journal at the Precious Metals Summit in Beaver Creek, Colorado.

Bear Creek Mining's Corani property in Peru

Bear Creek Mining's Corani property in Peru

McLeod-Seltzer said while the tribunal had up to 120 days to issue the final award it had historically made decisions after about 90 days. The amount of any financial settlement would be reinvested in...

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