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SL Mining Wins Case Against Sierra Leone at the International Chamber of Commerce
['Mohamed Gandoh Jalloh', 'More Author']
Blog - SwitSalone
A British court in London on Monday 15th of February, 2021 has ruled against Sierra Leone in the iron ore operation dispute case with SL Mining.
In July 2019, Sierra Leone cancelled the mining license of SL Mining and placed a ban on the export of the company’s mine over a dispute on royalty payments and failure to maintain the mine’s agreed work schedule.
The mining company, a subsidiary of U.S. commodity trader Gerald Group, filed for arbitration at the International Chamber of Commerce (ICC) in August 2019 for the government to cancel its imposed ban decision and claims for a $500 million U.S Dollars in damage compensation.
A month later the company suspended its Marampan mining operations.
The ICC Arbitral Tribunal has ordered Sierra Leone to reinstate the company’s mining licence and lift any export ban placed on its.
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'2019'
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'arbitration'
'export'
'international'
'case'
'icc'
'wins'
'chamber'
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