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1 Jun 2020 09:17
Arbitrator finds in favour of Strategic Minerals subsidiary
(Sharecast News) - Strategic Minerals announced on Monday that the appointed arbitrator has awarded its wholly-owned subsidiary Southern Minerals Group (SMG) $21.93m (£17.71m) in damages and costs, exclusive of additional interest to be calculated, in its claim against a "major client" at the Cobre magnetite stockpile.
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