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(1) Blue Gold Holdings Limited (United Kingdom) and (2) Future Global Resources Limited (United Kingdom) v. The Republic of Ghana

By a Notice of Arbitration dated 2 April 2025, the Claimants commenced the present arbitration proceedings against the Respondent under the Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of Ghana for the Promotion and Protection of Investments, signed on 22 March 1989.

 

The Respondent submitted its Response to the Notice of Arbitration on 6 June 2025.

 

The Permanent Court of Arbitration acts as Registry in this arbitration.

Case information

Name(s) of Claimant(s) Blue Gold Holdings Limited (United Kingdom) (Private entity )
Future Global Resources Limited (United Kingdom) (Private entity )
Name(s) of Respondent(s) The Republic of Ghana (State)
Names of Parties -
Case number 2025-21
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector Mining and quarrying
Procedural rules UNCITRAL Arbitration Rules 2021
Treaty or contract under which proceedings were commenced

Bilateral treaty
Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Republic of Ghana for the Promotion and Protection of Investments, signed on 22 March 1989
Country A: United Kingdom
Country B: Ghana
Language of Proceeding English
Seat of Arbitration (by Country) Singapore
Arbitrator(s), Conciliator(s), Other Neutral(s)

Professor Dr. Klaus Michael Sachs (Presiding Arbitrator)

Dr. Raëd Fathallah

Professor Dr. Mohamed S. Abdel Wahab

 

Ms Nika Rassadina (Assistant to the Presiding Arbitrator)
Representatives of the Claimant(s)

Mr Jawad Ahmad

Ms Line Chataud

Mr Jagpreet Sandhu

Ms Selin Gunsur

Mr Max Charlton

Mayer Brown International LLP

 

Mr Dany Khayat

Mr José Caicedo

Mayer Brown
Representatives of the Respondent(s)

Hon. Dr. Dominic Akuritinga Ayine

Hon. Dr. Justice Srem-Sai

Mrs Helen Ziwu

Mrs Leona Serwah Johnson-Abassah

Mr Josef Iroko

Office of the Attorney-General and Ministry of Justice

 

Mr Kieran John McCarthy

Mrs Perenami Momodu

Ms Jasmine Walker-Moffitt

Mr James Coleman

Ms Tvisa Bhattacharjee

Gateley Legal

 

Prof. Raymond A. Atuguba

Mr Harold Tivah Atuguba

Mr Emmanuel K.B. Ewul

Mr Dennis Selorm Dangbey

Atuguba and Associates
Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 02 April 2025
Date of issue of final award -
Length of Proceedings Pending
Additional notes -