2016
Alhambra v. Kazakhstan Alhambra Resources Ltd. and Alhambra Coӧperatief U.A. v. Republic of Kazakhstan (ICSID Case No. ARB/16/12)
Kazakhstan
Netherlands

Canada
Rights under two gold mining licences held by the claimants’ local subsidiary, Joint Venture Saga Creek Gold Company LLP, and an exploration and exploitation contract with the Republic of Kazakhstan.
Claims arising out of an allegedly unlawful assessment of taxes on the claimants’ local subsidiary Saga Creek, the withholding of required mining and financing approvals and other actions of the Government, which allegedly culminated in the bankruptcy of Saga Creek in 2015.
Primary: B - Mining and quarrying
7 - Mining of metal ores
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
van Houtte, H.
Beechey, J.
Kalicki, J. E.
Decided in favour of investor
Award dated 16 November 2020
100.00 mln USD
Data not available
Data not available
Data not available
ICSID annulment proceedings
ICSID resubmission proceedings
ICSID annulment proceedings
Award/decision partially annulled
Decision on Annulment dated 10 March 2023
Boo, L. (President)

Jones, D. (Member)

Ridings, P. (Member)
ICSID resubmission proceedings
Pending
None