Canadian CSR Strategy for International Extractives
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Gold Reserve ICSID Arbitration Update
On July 23, 2014, Gold Reserve Inc. that the arbitral tribunal in the International Centre for Settlement of Investment Disputes () case has declared the proceedings closed. Gold Reserve claims damages of approximately $2.1 billion, including interest.
As part of this case, , ’s Senior ESIA and Sustainability Advisor, was engaged by to serve as an expert witness on ESIA aspects related to the and .
You can access Gold Reserve recent media release here: You can read about Prizma's other projects here.
Shortlink: http://wp.me/p27qSt-EL
Lucara Diamond Publishes 2013 Sustainability Report
Recently, , a new diamond producer, published its . It highlights the sustainability performance of Lucara’s flagship and producing operation, the in Botswana. (Shortlink: http://wp.me/p27qSt-Eq)
Postcard from Burkina Faso by Bill Kennedy
In the early 1990s, on a trip to Moscow for the , I was given a personal tour of the Kremlin’s gold chamber where the most precious gold crowns, scepters and church utensils were manufactured for the Czar’s courts. “Unbelievable” I exclaimed to my guide, “I had no idea you had created such treasures.” “Really?” he replied, “Why are you surprised? Russia is not !” http://wp.me/p27qSt-Ec Read More
Eco Oro – formerly Greystar – Angostura gold under IFC CAO Review
In April 2011, I posted a blog entitled IFC-owned Greystar/Angostura gold development in trouble and wondered if office (or others) would be asked to review why and how IFC proceeded with a $12 million equity investment in this project, which became reincarnated as (TSX: EOM). http://wp.me/p27qSt-B9 Read More
Visiting Yuri Gagarin’s Bust – Postcard from Kyrgyzstan
As the around the are continuing with more audits and inspections, I had a chance to stop for a picture at one of the more famous tourist sites in the Barskoon valley: a bust from , the first human to journey into outer space in 1961. - (Shortlink: ) Read More
Equator Principles (EPIII) and IFC Performance Standards Training Courses
Following successful courses delivered in London (hosted by Parsons Brinkerhoff on 21 Sept) and Toronto (hosted by TD Bank on 29 Oct), was commissioned by a confidential client to deliver a 1-day training courses on the (EPIII or EP3) and the (2012) on December 19th, 2013 in Europe. Please contact us if you are interested in hearing about our future courses. - Shortlink is http://wp.me/p27qSt-zK
Gold Reserve ICSID Arbitration Update
provides an update about its Request for Arbitration under the Additional Facility Rules of the International Centre for Settlement of Investment Disputes () filed in Nov 2009 and seeking compensation totaling approximately US $2.1 billion.
Shortlink: http://wp.me/p27qSt-sN
Sustainability Reporting for Lucara Diamond Corp
has been retained to assist . to generate its inaugural sustainability report. The producing asset of Lucara is the . It is located in the Boteti Sub-District in Botswana. This mine is an open-pit, hard rock mine with a mine life of 15+ years. -Lucara’s 2012 Sustainability Report was web-posted in early April 2013 and can be accessed .
Rangers, poachers decimate Snow Leopards, but Kumtor Mine gets NGOs’ attention
A recent report by the ‘Japarov Commission’ set up to investigate ’s following calls for renegotiating or nationalizing the mine provides for sober reading. It's rangers, poachers and shepherds – not – that have decimated snow leopards and its prey. Will this be a story with a happy ending? Read More
Kyrgyz Prime Minister Babanov Visited Kumtor Mine – and me too!
In July 2012, hosted a visit by Kyrgyz Prime Minister Babanov, parliamentarians, experts and media to the mine. This followed a Governmental decree issued a day earlier which cancelled a prior decree granting Kumtor certain surface rights in relation to the project. Read More
D5 Creation