Broad Community Support (BCS)

now browsing by category


Prizma publishes Winter 2012 Newsletter

Prizma Winter 2012 NewsletterPrizma publishes Winter 2012 Newsletter (PDF, 501 KB). Articles: Biodiversity Management Strategy & Plan for Kumtor Gold Mine; Sustainability Reporting for Lucara Diamond Corp.; Training Community Relations Officers from Mongolia, Turkey and Kyrgyzstan; and Gold Reserve Updates about ICSID Arbitration.

Prizma’s Top 10 Blogs in 2012

It’s that time of year again. As before, I have listed my Top 10 blogs below. Similar to last year, I blogged about 40 articles. Also similar to last year, my blog attracted over 17,000 page views in 2012. Top entries relate to IFC Performance Standards/Equator Principles, GRI and Sustainability Reporting, and the mining sector.


Read More

Training CROs to Strengthen Social License

Developing and maintaining a social license has become a key success factor for extractive companies. The performance of Community Relations or Liaison Officers (CROs or CLOs) plays a critical role in this process as we heard during a recent training event in Central Asia. How do you boost the performance of your CRO teams?  Shortlink: Read More

Gold Reserve ICSID Arbitration Update

Gold Reserve provides an update about its Request for Arbitration under the Additional Facility Rules of the International Centre for Settlement of Investment Disputes (ICSID) filed in Nov 2009 and  seeking compensation totaling approximately US $2.1 billion.

22 Sep 2014 update: Gold Reserve Awarded $740.3 Million by ICSID for the Expropriation of the Brisas Project by Venezuela


Read More

Biodiversity Management Strategy & Plan for Gold Mine

Prizma was invited by Kumtor in the Kyrgyz Republic to assist with the development of its Biodiversity Management Strategy and Plan (BMSP). This included a stakeholder focus group workshop in Oct 2012 in Kyrgyzstan and brokering an MOU with Fauna & Flora International (see press release).

Read More

Training CROs from Mongolia, Turkey & Kyrgyzstan

Prizma was selected to provide a training course to the Community Relations Officers (CRO) and selected other staff from the Sustainability, Environment, Media and Government Relations Departments at Centerra Gold’s Kumtor gold mine in the Kyrgyz Republic. They will be joined by others involved in community relations issues at Centerra Gold’s Boroo operation in Mongolia and an exploration property in Turkey. What topics would you cover? 

Read More

Rangers, poachers decimate Snow Leopards, but Kumtor Mine gets NGOs’ attention

A recent report by the ‘Japarov Commission’ set up to investigate Centerra Gold’s Kumtor project following calls for renegotiating or nationalizing the mine provides for sober reading. It's rangers, poachers and shepherds – not Kumtor – that have decimated snow leopards and its prey. Will this be a story with a happy ending? Read More

ADB updated its Independent Accountability Mechanism

Similar to other Independent Accountability Mechanisms (IAM) of Multilateral Financial Institutions (MFIs), about which I blogged here, the Asian Development Bank (ADB) has a two-tiered mechanism in place. It comprises a problem solving function and a compliance review function. The ADB’s revised IAM became effective in May 2012 and has yet to be tested by a new complaint. Will ADB’s new IAM be able to satisfy its critiques?

Read More

Supporting Claimant at International Arbitration Hearing at ICSID

Prizma's Mehrdad Nazari was engaged by White & Case to serve as an Expert Witness for Claimant in the case of Gold Reserve Inc. v. Bolivarian Republic of Venezuela which is before the International Centre for Settlement of Investment Disputes (ICSID). According to its press release, Gold Reserve claims damages of approximately $2.1 billion arising from violations of provisions of the Canada-Venezuela bilateral investment treaty resulting in the effective expropriation of Gold Reserve's sizable investments in the Brisas gold/copper project and the Choco 5 property.

22 Sep 2014 update: Gold Reserve Awarded $740.3 Million by ICSID for the Expropriation of the Brisas Project by Venezuela

Read More

BHP MOZAL Smelter Back for OECD MNE Review

OECD Watch reports that UK National Contact Point for OECD Guidelines for Multinational Enterprises re-initiated review of BHP Billiton's bypass case of its MOZAL smelter in Mozambique after IFC Compliance Advisor Ombudsman appears to have failed to facilitate a resolution of this case.  Read More