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Lupaka Presses Peru to Pay US$68.2 Million Arbitration Award Ahead of PDAC

Story Highlights
  • Lupaka Gold is seeking payment of a US$68.2 million arbitration award from Peru, which did not challenge the ICSID ruling within the allowed period.
  • The company warns that Peru’s failure to pay, despite strong economic conditions and rising gold prices, threatens its image as an investor-friendly mining jurisdiction.
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Lupaka Gold ( (TSE:LPK) ) has shared an update.

Lupaka Gold Corp. has provided an update on efforts to collect a US$68.2 million arbitration award granted against the Republic of Peru under the Canada-Peru Free Trade Agreement. The award, issued by an ICSID tribunal in June 2025 and now increased by accrued interest as of January 31, 2026, was not challenged by Peru within the 120-day annulment period that expired in October 2025.

The company is publicly urging Peru to honour the award ahead of the PDAC conference in Toronto, where the country plans to promote foreign-funded mining investment. Lupaka argues that Peru’s strong macroeconomic position and rising gold prices remove any justification for non-payment and warns that continued delay could undermine Peru’s reputation as a stable, investor-friendly mining jurisdiction.

More about Lupaka Gold

Lupaka Gold Corp. is a Canadian-based mining company focused on creating shareholder value through the identification and development of mining assets. Listed on the TSX Venture Exchange and Frankfurt Exchange, the company targets opportunities in the gold sector and has engaged international legal and financing partners to support its disputes and project development.

Average Trading Volume: 17,506

Technical Sentiment Signal: Buy

Current Market Cap: C$6.29M

Learn more about LPK stock on TipRanks’ Stock Analysis page.

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