Sundance suffers setbacks in quest to recover large iron ore deposit
A 'mysterious death' and lost phone among the issues
Source: mining-journal.com
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Sundance claims $8.76bn in damages over Congo iron ore project
The move comes after the Government of Congo revoked Sundance Resources’ mining permit for Nabeba iron ore project Government of Congo issued a decree to withdraw the mining permit from Sundance’s subsidiary Congo Iron. Credit: Bishnu Sarangi from Pixabay. Australian firm Sundance Resources has initiated a process against Congo to claim a compensation of $8.76bn after the local government revoked its mining permit for Nabeba iron ore project. Last month, the Government of Congo issued a decree to withdraw the mining permit from Sundance’s subsidiary Congo Iron. The decree was published ...
Source: nsenergybusiness.com