World Bank Orders Venezuela To Pay Crystallex $1.4 Billion For Gold Mine
Date Written: 06/04/2016
Year Published: 2016
Resource Type: Article
Cx Number: CX19359
The World Bank's International Centre for Settlement of Investment Disputes (ICSID) has ordered the government of Venezuela to pay $1.386 billion to Crystallex, a bankrupt Canadian gold mining company, for canceling a 2002 permit to mine for gold in the Imataca Forest Reserve.