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Sierra Leone, US miner reach out-of-court settlement


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
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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 agreement by, among others, failing to pay royalty on exported iron ore. ....

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The Oil Deal That Could Break Up Iraq


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The Oil Deal That Could Break Up Iraq
By Simon Watkins - Feb 09, 2021, 8:00 AM CST
Since the formation of the new system of governance in Iraq in 2003 immediately after the fall of Saddam Hussein there have been a slew of problems between the Federal Government of Iraq (FGI), centred in Baghdad, and the semi-autonomous Kurdistan Region of Iraq (KRI), governed in large part by its government (the KRG) based in Erbil. Back then in 2003/4 it was broadly agreed that the KRG would export a certain volume of oil from its own fields and Kirkuk via the FGI’s State Oil Marketing Organization (SOMO) and would absolutely not independently sell oil from the fields on the international markets. In return, the FGI from Baghdad would disburse a certain level of payments to the KRG from Iraq’s central budget. From that point to this there has been near constant dispute over this arrangement but the latest one seriously threatens the decisive splitting of ....

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