Loading ...(Kitco News) – Pakistan has been ordered to pay nearly $6 billion in damages by a World Bank arbitration court to Tethyan Copper, a joint venture between Chile’s Antofagasta and Canada’s Barrick Gold.
The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) made the ruling in favor of Tethyan Copper back in 2017 but announced the amount in damages owned only on July 12.
https://www.kitco.com/news/2019-07-14/Pakistan-Slapped-With-A-6-Billion-Fine-In-Mining-Case.html