The Venezuelan Government has agreed to pay Canadian junior Rusoro Mining a $1.3bn settlement for the seizure of its gold projects in 2011, which breached obligations under the Canada-Venezuela Bilateral Investment Treaty. We find out what’s next for the company’s projects in the country now that operations could resume.
We also check in on emerging projects, including a controversial copper mine in the Arctic Circle approved by Norway and a potash project Eritrea.
In technology, we catch up with an IBM project exploring the use of wearable health trackers to monitor miners’ safety , and speak to biotech company BRAIN about its new BioXtractor copper extraction technology.
Plus, we speak to legal experts about the complex issue of corporate liability for mining companies with subsidiaries in different countries, and find out how countries are using unusual tax incentives to attract mining companies.
Scarlett Evans, Heidi Vella
Anett Arc, Paulius Zutautas, Kate Cuntapay, Sara Basto, Marzia Del Gaone, Tyrrell Lowe, Noemi Balint
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