International Tribunal Orders Trafigura to Pay US$ 42,500,000, Plus Interest, to a Subsidiary of Southern Peaks Mining LP

LIMA, Peru, Mar. 5, 2024 (Korea Bizwire) — Southern Peaks Mining LP is pleased to advise that an international arbitration tribunal has ordered Urion Mining International B.V. (“Urion”) to pay its subsidiary, Ariana Management Corporation, S.A.C. (“Ariana”) an amount of US$ 42,500,000, plus interest, as a result of breaches to the 14 June 2013 Sale [...]