Minera Toro de Plata S.A.C [Counterparty: Compañía Minera San Valentín]

Lawsuit seeking recovery from arbitration rulings in mining sector. Our firm is representing Minera Toro de Plata—a mining company with an important mining concession—in a lawsuit against San Valentín to recover a substantial sum awarded through arbitration. The dispute takes place within negotiations regarding the client’s access to San Valentín’s mining treatment plant. Dispute taking place within negotiations of use of facility: Our client and San Valentín had previously been involved in litigation. However, the current lawsuit focuses on recovering the specific amount from the arbitration, all the while dealing with the ongoing negotiations over the use of the treatment facility. Failure to settle leads to complications with third-party negotiations: Due to San Valentín’s refusal to reach an agreement, our client had to seek mineral treatment services from another company. However, this third-party company also works with San Valentín and required proof that our client had exhausted all negotiation attempts with San Valentín before proceeding. Crucial lawsuit for resuming access to the sole treatment plant: This lawsuit is significant because it may affect our client’s ability to process its minerals. The San Valentín plant is the only functional facility within the area of the client’s concession, making the resolution of this dispute vital to its operations. Latest development: The case is currently pending, and we are awaiting a ruling from the judge.

Matter value – include currency and amount in figures :

Confidential

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No

Lead partner :

Manuel Villa García

Other team members :

Josefina Salinas

Other firms advising on the matter and their role(s) :

N/A

Date of completion or current status :

Ongoing