ANS austsino resources group limited

Cameroons unpaid bills threaten arbitration, page-3

  1. 476 Posts.
    lightbulb Created with Sketch. 86
    The above article synopsis

    The article details how Cameroon’s Mining Minister is pushing the President's office to expedite an arbitration case involving Sundance Resources, an Australian company. The dispute centers on the Mbalam-Nabeba iron ore project, which had its license revoked by Cameroon. The arbitration process has stalled, and the minister is concerned about the potential economic and reputational damage to Cameroon. This project is significant due to its size and potential impact on the country's mining industry and economy. The case has attracted international attention.

    The article does not specify exact timelines regarding the arbitration process or any deadlines for the resolution. However, the Mining Minister’s push to expedite the case indicates an urgency to resolve the matter as soon as possible.

    This is the reason for the delays.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.