Case Details

Société des Mines de Loulo S.A. and Société des Mines de Gounkoto S.A. v. Republic of Mali (ICSID Case No. ARB/25/2)

Claimant(s)/Nationality(ies):

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

Republic of Mali (Malian)
Date Registered:

January 10, 2025
Date of Constitution of Tribunal:

May 23, 2025

President:

Michele POTESTÀ (Italian) - Appointed by the Chairman of the Administrative Council
Arbitrators:

Eric A. SCHWARTZ (French, U.S.) - Appointed by the Claimant(s)
Sibidi Emmanuel DARANKOUM (Burkinabe, Canadian) - Appointed by the Respondent(s)

Claimant(s):

ASAFO & CO. AARPI, Paris, France
Debevoise & Plimpton, New York, NY, U.S.A.
Respondent(s):

Direction Nationale de la Géologie et des Mines, Bamako, Mali
Ministre des Mines, Bamako, Mali
Ministre de l’Économie et des Finances, Bamako, Mali
Status of Proceeding:

Pending
Latest Development:

May 23, 2025 - The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Michele Potestà (Italian), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Eric A. Schwartz (French/U.S.), appointed by the Claimants; and Sibidi Emmanuel Darankoum (Burkinabe, Canadian), appointed by the Respondent.

No References Available.

Date	Development
January 10, 2025	The Secretary-General registers a request for the institution of arbitration proceedings.
April 20, 2025	Following appointment by the Claimants, Eric Schwartz (French/U.S) accepts his appointment as arbitrator.
April 30, 2025	Following appointment by the Respondent, Sibidi Emmanuel Darankoum (Burkinabe/Canadian) accepts his appointment as arbitrator.
May 23, 2025	Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Michele Potestà (Italian) accepts his appointment as presiding arbitrator.
May 23, 2025	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Michele Potestà (Italian), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Eric A. Schwartz (French/U.S.), appointed by the Claimants; and Sibidi Emmanuel Darankoum (Burkinabe, Canadian), appointed by the Respondent.