2011
Copper Mesa v. Ecuador Copper Mesa Mining Corporation v. Republic of Ecuador (PCA No. 2012-2) (PCA Case No. 2012-2)
Ecuador
Canada
Concession rights held through local subsidiaries for two open-pit mines located in the Junín and Chaucha regions of Ecuador; right of acquisition over a third mining project in the area of Telinbela.
Claims arising out of the alleged termination by the Government of mining concessions in the Ecuadorian areas of Junín, Chaucha and Telinbela, in which the claimant had invested.
Primary: B - Mining and quarrying
7 - Mining of metal ores
UNCITRAL
PCA (Permanent Court of Arbitration)
Veeder, V. V.
Cremades, B. M.
Simma, B.
Decided in favour of investor
69.70 mln USD
19.40 mln USD
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

National treatment

Direct expropriation

Indirect expropriation
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Indirect expropriation

Direct expropriation
Judicial review by national courts
Judicial review by national courts
Pending
None
http://www.iareporter.com/articles/20120302_2 (requires subscription)
http://www.iareporter.com/articles/20120302 (requires subscription)
https://books.google.de/books?id=iVMyAQAAQBAJ&pg=PA276&lpg=PA276&dq=Copper+Mesa+v.+Ecuador+pca&source=bl&ots=7biiICguzj&sig=w96Kcl6fL2GFkuYelPb_4R1TjjI&hl=en&sa=X&ei=uTEmVdz9A4nfaJOygPAM&ved=0CEcQ6AEwBg#v=onepage&q=Copper%20Mesa%20v.%20Ecuador%20pca&f=false
http://www.bloomberg.com/profiles/companies/1013203D:CN-copper-mesa-mining-corp
http://globalarbitrationreview.com/news/article/30210/panel-ready-inter-state-dispute-ecuador-discloses-pending-claims/ (requires subscription)
http://www.thinkbrg.com/media/bio/341_Kennedy_Bill_CV.pdf
http://www.pge.gob.ec/index.php/2014-10-01-02-32-39/boletines2/item/799-tribunal-arbitral-castiga-conducta-indebida-de-la-compania-copper-mesa-y-reduce-sustancialmente-la-indemnizacion-solicitada
http://globalarbitrationreview.com/article/1036372/ecuador-to-pay-for-mine-seizures-but-violence-prompts-damages-cut (requires subscription)
https://www.iareporter.com/articles/in-depth-in-copper-mesa-case-jurisdictional-objections-were-waved-away-ecuador-breaches-bit-due-to-failure-to-protect-investor-from-protesters/ (requires subscription)
http://www.iareporter.com/articles/veeder-chaired-panel-hold-ecuador-liable-for-bit-breach-but-mining-corp-gets-only-sunk-costs-and-sees-damages-claw-back-due-its-unclean-hands/ (requires subscription)
https://pcacases.com/web/view/140
https://www.transnational-dispute-management.com/downloads/17123_Case_Report_Copper_Resa_v_Ecuador_-_Award.pdf
http://globalarbitrationreview.com/article/1129746/ecuador-faces-bid-to-enforce-treaty-award-in-us-court (requires subscription)
https://www.law360.com/articles/898360/defunct-canadian-miner-says-ecuador-avoiding-24m-award