CAPITAL MARKETS

Beaconsfield miners receiving reduced damages

BEACONSFIELD Gold and Allstate Exploration look likely to receive a total of $13 million from the insurer of the BBR companies that made a hash of the plant at the Beaconsfield mine in Tasmania.

MiningNews.Net
Beaconsfield miners receiving reduced damages

While an arbitration ruling made in 2004 awarded more than $60 million to the two miners, insurance was capped at $20 million under the terms of the BBR (Batepro Australia and Brown & Root Engineering...

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