Case Details

Société des Mines de Loulo S.A. v. Republic of Mali (ICSID Case No. ARB/13/16)

Subject of Dispute:

Gold exploration and exploitation project
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

Contract
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Société des Mines de Loulo S.A. (Malian)
Respondent(s):

Republic of Mali (Malian)
Date Registered:

July 18, 2013
Date of Constitution of Tribunal:

November 25, 2013

Composition of Tribunal

President:

Eric TEYNIER (French) - Appointed by the Parties
Arbitrators:

Charles PONCET (Swiss) - Appointed by the Claimant(s)
François SUREAU (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Orrick Rambaud Martel, Paris, France
Respondent(s):

Direction Générale du Contentieux de l'Etat, Bamako, Mali
Klein Goddard Associés, Paris, France
Language(s) of Proceeding:

French
Status of Proceeding:

Concluded
Outcome of Proceeding:

June 2, 2016 - The Tribunal renders its award.

(a) Original Proceeding

Published Decisions

Excerpts of the Award

Available on the ICSID Website

Excerpts of the Award (June 2, 2016) French (Original)

(a) Original Proceeding

Date	Development
July 18, 2013	The Secretary-General registers a request for the institution of arbitration proceedings.
October 2, 2013	Following appointment by the Claimant, Charles Poncet (Swiss) accepts his appointment as arbitrator.
November 15, 2013	Following appointment by the Respondent, François Sureau (French) accepts his appointment as arbitrator.
November 25, 2013	Following appointment by the parties, Eric Teynier (French) accepts his appointment as presiding arbitrator. The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Eric Teynier (French), President, appointed by agreement of the parties; Charles Poncet (Swiss), appointed by the Claimant; and François Sureau (French), appointed by the Respondent.
February 11, 2014	The Tribunal holds a first session in Paris.
February 13, 2014	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
April 14, 2014	The Claimant files a memorial on the merits.
July 28, 2014	The Respondent files a counter-memorial on the merits, including objections to jurisdiction.
August 4, 2014	Each party files a request for the Tribunal to decide on production of documents.
August 25, 2014	Each party files observations on the other party’s request for the Tribunal to decide on production of documents.
September 1, 2014	Each party files a response to the other party’s observations of August 25, 2014.
September 12, 2014	The Tribunal issues a decision concerning production of documents.
November 3, 2014	The Claimant files a reply on the merits and a counter-memorial on jurisdiction.
January 5, 2015	The Respondent files a rejoinder on the merits and a reply on jurisdiction.
January 12, 2015	The Tribunal holds a pre-hearing organizational meeting with the parties by telephone conference.
January 15, 2015	The Tribunal issues Procedural Order No. 2 concerning procedural matters.
February 9, 2015 - February 10, 2015	The Tribunal holds a hearing on jurisdiction and the merits in Paris.
April 30, 2015	Each party files a post-hearing brief.
February 12, 2016	The Respondent files a statement of costs.
February 13, 2016	The Claimant files a statement of costs.
May 18, 2016	The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
June 2, 2016	The Tribunal renders its award.