Kenya's New Mining Royalties: What Can Foreign Cos. Do?

Law360, New York (September 4, 2013, 12:36 PM EDT) -- Foreign mining companies with investments in Kenya whose mining licenses are canceled and/or whose revenues decrease as a result of these new drilling charges and/or royalty schemes may be able to bring compensation claims against Kenya before international investment arbitration tribunals.

Compensation claims are not restricted to active mining properties as exploration and development properties may also have significant value that can be determined by expert means on an independent basis.

Kenya has entered into a number of bilateral investment treaties (BITs), and the treaties that...
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