Cassius Mining explores funding options for Ghana dispute

Sydney, Australia-based resource exploration and mining company Cassius Mining has reported that it has elected to refer its dispute with the Government of Ghana to the London Court of International Arbitration institution and is continuing to discuss and negotiate with litigation funders for the potential backing of the case.

The case centres around the government’s alleged breach of its licence agreement as well as the refusal of the government to renew a license despite prior formal agreement to do so. Cassius is seeking in excess of US $275 million.

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