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Cassius Mining Wins Arbitrator Challenge in Ghana Dispute

Story Highlights
  • Cassius Mining Ltd successfully challenged the impartiality of Ghana’s appointed arbitrator.
  • This victory is crucial for Cassius as it seeks USD 277 million in damages from Ghana.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cassius Mining Wins Arbitrator Challenge in Ghana Dispute

Cassius Mining Ltd ( (AU:CMD) ) has provided an update.

Cassius Mining Ltd recently succeeded in challenging an arbitrator appointed by the Government of Ghana in an ongoing international arbitration case. The arbitrator, Prof. Richard Oppong, was removed due to concerns over his impartiality following his nomination to the Supreme Court of Ghana, which he failed to disclose. This development is significant for maintaining the integrity of the arbitration process, as Cassius is seeking damages from Ghana amounting to approximately USD 277 million for alleged breaches of contract and statute.

More about Cassius Mining Ltd

Cassius Mining Ltd is an Australian-listed company engaged in mining activities, with a focus on operations in Ghana. The company is involved in extracting minerals and has been in legal disputes concerning its contracts in the region.

YTD Price Performance: 33.33%

Average Trading Volume: 1,976,740

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$10.27M

For an in-depth examination of CMD stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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