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FRANCE RUSSIA

Nord Gold's arbitration against Paris in Montagne d'or case sends arbitrators abuzz

Alexey Mordashov, head of Severgroup, the holding that controls Nord Gold, claims 4 billions euros in indemnities for the Montagne d'or project.
Alexey Mordashov, head of Severgroup, the holding that controls Nord Gold, claims 4 billions euros in indemnities for the Montagne d'or project. © Jeff Kowalsky/EFE/Newscom/MaxPPP
The launch by Alexey Mordashov's Severgroup of proceedings against the French state over the 'Montagne d'Or' case involving a vast gold-mining project in French Guiana has sparked lively interest from the small community of arbitrators and business diplomats in Paris. [...] (364 words)
Published on 10/12/2021 at 06:00 GMT Reading time 2 minutes

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French president Emmanuel Macron and Australian prime minister Scott Morrison on 15 June 2021. © Pascal Rossignol/Reuters
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