Churchill Mining, Indonesia Reach Agreement over Mining Rights Row

Mining.com reported that Churchill Mining (LSE:CHL) and the government of Indonesia have reached a truce over a three-year long row over mining rights for one of the world’s biggest coal reserves.

As quoted in the market news,                                                                                                                         

The miner has spent more than $10 million on its legal bid after claiming that it had been unfairly stripped of its licences and accused of fraud.

So far, Churchill has submitted in court detailed supporting evidence, which it said included final drafts of two of the four licences and register book evidence of the other two.

Click here for the full Mining.com report