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Sierra Leone's Ministry of Mines & Mineral Resources awarded a large-scale mining license to Marampa Mines Ltd (MML) on Thursday December 16, after the mine operator paid half of a $20 million binding settlement agreed with the government in May.
Sierra Leone, US miner reach out-of-court settlement Thursday May 13 2021 Iron ore processing. The Sierra Leone Government and US owned firm, SL Mining, have announced an out-of-court settlement over a dispute triggered by the cancellation of the company's mining licence. PHOTO | FILE | NMG Advertisement After nearly two years of legal battle, the Sierra Leone Government and a US owned firm, SL Mining, have announced an out-of-court settlement over a dispute triggered by the cancellation of the company's mining licence. The government in 2019 accused the miner of violating its licence agreeme...
The Fundamental Problem International arbitration is facing continued (if not increased) problems stemming from multitier arbitration clauses. What should happen when one party has not complied with a pre-arbitral step but nonetheless commenced arbitral proceedings? Typically, the parties have a satellite dispute: on one side, whether the commencement of the arbitration is void thus depriving the arbitral tribunal of all jurisdiction due to the non-compliance and on the other side, whether such non-compliance is an issue of admissibility that falls within the arbitral tribunal’s remit to ad...