Panthera Resources PLC - gold exploration company with assets in India and West Africa - Updates on dispute with the Republic of India. Explains this relates to the latter's breaches of its obligations under the 1999 agreement between the government of Australia and the government of India on the promotion and protection of investments. On January 2, says its Australian subsidiary, Indo Gold Pty Ltd formally issued a notice of dispute to India in relation to the Bhukia project. Should attempts to reach an amicable settlement fail IGPL says it will promptly deliver a notice of arbitration to the government of India.
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By Jeremy Cutler, Alliance News reporter
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Panthera Res. (PAT)