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Pacific Rim/OceanaGold

World Bank Tribunal Weighs Final Arguments in El Salvador Mining Dispute

| Pacific Rim/OceanaGold

Carey L. Biron

WASHINGTON, Sep 16 2014 (IPS) - A multilateral arbitration panel here began final hearings Monday in a contentious and long-running dispute between an international mining company and the government of El Salvador.

An Australian mining company, OceanaGold, is suing the Salvadoran government for refusing to grant it a gold-mining permit that has been pending for much of the past decade. El Salvador, meanwhile, cites national laws and policies aimed at safeguarding human and environmental health, and says the project would threaten the country’s water supply. (READ MORE)