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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.