Listed firm Lepanto Consolidated Mining Co. has won an arbitration case against the Philippine government over a dispute involving an application to renew its mining contract in Mankayan, Benguet.
In a disclosure to the Philippine Stock Exchange, Lepanto noted that in a ruling dated November 27, 2015, an Ad Hoc Arbitration Panel upheld the company’s rights to develop mineral resources under Mineral Production Sharing Agreement (MPSA) 001-90- CAR.
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