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Eco Oro pursues $764m suit against Colombia as Angostura project postures to perish

By:  
Creamer Media Deputy Editor: North America
 
INTERNATIONAL ARBITRATION
Junior project developer Eco Oro Minerals is pursuing a $764-million judgement against Colombia after a court ruling has cancelled exploration over half its concession as part of national efforts to preserve high-altitude wetlands, known as the Páramos. The Vancouver-headquartered company has filed a memorial on the merits with the World Bank's International Centre for Settlement of Investment Disputes (ICSID) in its arbitration case against Colombia.
 
 
 
 
 

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