International Arbitration Newsletter - July 2021 | Regional Overview: Middle East and Africa
New investor threats Congo with mining claim
UK company Midus Holdings and its subsidiary, Congo Mining, have started a three-month “cooling-off period” after presenting a notice of intent to Congo regarding the Mayoko-Moussondji Iron Ore Project.The notice of intent, issued under the UK-Congo bilateral investment treaty, derives from the withdrawal of Congo´s Mining permit by Congo at the end of June 2021 due to alleged violations of the permit.The investors allege that the country´s withdrawal of the permit violates the equitable and fair treatment imposed by the UK-Congo BIT, as well as the expropriation prohibition.
source: https://www.lexology.com/library/detail.aspx?g=faf2caeb-6a4f-4106-8562-c74e59c4c898
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.08M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 498509 | 3 |
View Market Depth
| Last trade - 16.12pm 17/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |
Day chart unavailable