Iron Ore Case Resurfaces Contractor Claims US$15M Damages

May 27, 2008

May 27 (Daily Observer) – The 800,000 metric tons of iron ore case involving the Finance Investment & Development Corporation (FIDC) and the Liberia Mining Corporation (LIMINCO), as well as the Ministries of Lands, Mines and Energy, Finance and Justice, has resumed at the Civil Law Court at the Temple of Justice in Monrovia with the buyer, FIDC, claiming US$15,900,000 as damages.

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