Cameroon accused of violating court ruling over Mbalam deposit
Cameroon has flouted an international court order by issuing a mining permit for the Mbalam iron ore deposit to a local firm.
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Cameroon has flouted an international court order by issuing a mining permit for the Mbalam iron ore deposit to a local firm.
Australian junior mining firm Sundance Resources has decided to proceed to international arbitration in the case between it and the state of Cameroon
Aussie companies stripped of iron ore projects in Africa Share Perth-based Sundance Resources is seeking a multi-billion dollar payout from the Republic of Congo after being stripped of its iron ore mining licence in the central African nation where China is casting a big shadow. Two other Australian-based companies have also had iron ore mining and exploration rights stripped by the RoC, which then awarded them to a mystery company with no history in the region. The mystery company has been handed rights to about a billion tonnes of high grade iron ore by the RoC at a time Chinese steel mill...