CAPITAL MARKETS

Aquila to launch formal claim against Pasminco

AQUILA Resources is on the verge of formally issuing a damages claim for more than $153 million against Pasminco in relation to the junior's failed acquisition of a stake in the Ernest Henry mine in north Queensland over two years ago.

Michael Quinn

Aquila to launch formal claim against Pasminco

Aquila executive chairman Tony Poli told MiningNews.net the claim could be made in the next couple of weeks. The dispute relates to representations made by Pasminco to Aquila in seeking an extension...

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