29
Mar
13:58
Sundance, Avima seek compensation for Congo mine cancellations
Congo's cancellation of iron ore mining permits has triggered opposition from three related companies, which are now seeking compensation, Kallanish notes.
Australian miner Sundance Resources said last week it had commenced international arbitration proceedings against Congo after the cancellation of its Nabeba mining permit by Congo in December. The company is also seeking $8.76 billion in damages. Nevis-registered Avima Iron Ore, owner of the Avima…
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Anonymous
Very good overview of the weekly steel market.
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