Tribunal Declines To Order Claimant To Post Security For Costs

(April 25, 2016, 10:23 AM EDT) -- THE HAGUE, Netherlands — A tribunal on Jan. 11 denied a motion to order a Bermudian mining company to post security for costs of a Permanent Court of Arbitration (PCA) proceeding (South American Silver Limited [Bermuda] v. The Plurinational State of Bolivia, No. 2013-15, PCA).

(Opinion available. Document #05-160426-040Z.)

South American Silver Limited (Bermuda) (SAS), a subsidiary of TriMetals Mining Inc., commenced arbitration in April 2013, with the PCA against the Plurinational State of Bolivia. The case relates to the alleged misappropriation of the Malku Khota...
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