SMM announcement

I used google translate: http://www.smm.co.jp/news/release/2016/03/post-214.html

Sumitomo Metal Mining Co., Ltd. (Head Office: Minato-ku, Tokyo, President Yoshiaki Nakazato) Solomon Islands country exploration subsidiary of, SMM Solomon Limited (hereinafter referred to as "SMM Solomon Company"), as of 2014 10 years 24 date announcement, It had been appealed to the country's appellate court for losing verdict in the first trial of Solomon international bidding litigation.
Ruling in the appeal court on March 21, 2016 has been sentenced, SMM Solomon's appeal is granted in part, exploration rights granted to the appellant Akushomu KB (Axiom KB) Inc. has been canceled.  However, for the cancellation disposal of rights acquired by the international tender that SMM Solomon company had asked the disabled, the disabled was not observed.
For the future, we plan to consider a corresponding review of the ruling.
For more information, please refer to the following PDF file.