The recent award of $109.5 million to an Australian company by the International Centre for Settlement of Investment Disputes (ICSID) in a case involving revocation of their mining licence in Tanzania has raised hopes for three other multinationals pursuing similar compensation against Dodoma.
Two Canadian mining firms, Winshear Gold and Montero Mining, are pursuing arbitration awards by the tribunal for licence expropriations during the John Magufuli era.
