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Cassius Mining Ltd., an Australian gold mining company, has escalated its legal battle with the Ghanaian government by filing a $277 million claim with the London Court of International Arbitration. <\/strong><\/p>\n The company alleges breaches of contract and constitutional disputes surrounding its gold exploration project in the Talensi district of the Upper East Region.<\/p>\n The dispute stems from the non-renewal of Cassius Mining\u2019s prospecting license by the Ghanaian government in 2019. The government argued that the license had not been properly ratified under the Ghanaian constitution, rendering it invalid.<\/p>\n Cassius Mining maintains that this action by the Ghana government has deprived them of the full value and potential profits of their gold exploration project. The company\u2019s claim, totaling $277 million, was prepared with the assistance of independent experts from AMC Consultants in Australia and Secretariat in the United States.<\/p>\n BoG to Boost fuel supply stability with $120m BDC forex auctions<\/p>\n<\/blockquote>\n\n