Latest Arbitration News

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Atlantic Lithium has finalized revised fiscal terms with the Ghanaian government for its Ewoyaa Lithium Project and awaits parliamentary ratification, while reporting strong exploration results in Côte d’Ivoire and securing significant funding agreements.

Energy Transition Minerals Ltd has acquired the Penouta tin-tantalum-niobium mine in Spain at a significant discount, raised A$18 million in capital, and received a key arbitration ruling on its Greenland rare earths project.

PhosCo Ltd reports breakthrough drilling results at its Gasaat Phosphate Project in Tunisia, securing a €1M grant from EBRD and a $1.1M investment from its Managing Director, setting the stage for a pivotal feasibility study.

GreenX Metals has revealed a substantial historical copper estimate at its Tannenberg project in Germany, alongside promising antimony-gold findings in Greenland and a major arbitration award against Poland.

Berkeley Energia reports promising lithium and rubidium recoveries from its Conchas Project in Spain, while its subsidiary pursues a $1 billion arbitration claim against Spain over regulatory hurdles at the Salamanca uranium project.

Cassius Mining Limited reports steady progress on its Soalara Limestone Project joint venture discussions and updates on its international arbitration case against Ghana, while raising $250,000 through share and convertible note issuances.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.

Anax Metals has made significant progress on its Whim Creek Copper-Zinc project, securing a waste rock processing agreement and continuing efforts to finalize project financing.

Energy Transition Minerals’ arbitration over the Kvanefjeld rare earths project sees a key ruling that splits jurisdiction between courts and arbitration, setting the stage for renewed legal and operational developments.

Equatorial Resources reports a postponed arbitration hearing over Congo iron ore disputes and seeks clarity on Guinea permit cancellations, while maintaining a solid cash reserve.

Rimfire Pacific Mining has announced a maiden inferred scandium resource at its Currajong prospect, boosting its total scandium inventory by 61%. The company also identified new base metal drill targets at Broken Hill and completed a $3.5 million equity raise to fund ongoing exploration.