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  3. To Keep Its Gold El Salvador Challenges A Global Mining Company

To Keep Its Gold El Salvador Challenges A Global Mining Company

The case was dismissed in 2011for lack of jurisdiction, but el salvador still had to pay several million dollars in fees for its defense.In a case still in process, the gold-mining conglomerate pacific rim has also sued el salvadorunder dr-cafta for its anti-mining regulations.To get around the fact that the canadian company wasnt from a.

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    The most notorious case involved pacific rim, a canadian firm that later incorporated in nevada.The company began exploring for gold in 2002, eventually filing a 77 million lawsuit in 2008 charging that el salvadors failure to issue it an environmental permit violated its rights as a.

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    Heres one example in 2009, the canadian-based pacific rim mining company now owned by australian-based oceanagold sued el salvador for refusing to allow the company to mine for gold.

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