Alhambra Resources initiates ICSID arbitration against Kazakhstan
Clients Alhambra Resources Ltd.
Jones Day represents Alhambra Resources Ltd., an international gold explorer and producer based in Calgary, in an ICSID arbitration against the Republic of Kazakhstan. The claims arise from a gold mining operation in Northern Kazakhstan, and seek compensation for breaches of the 2002 Agreement on Encouragement and Reciprocal Protection of Investments between Kazakhstan and the Kingdom of the Netherlands and the 1994 Foreign Investment Law of Kazakhstan.
Alhambra Resources Ltd. and Alhambra Coöperatief U.A. v. Republic of Kazakhstan (ICSID)