Cassius Mining’s arbitration case against Ghana set for final hearing

Cassius Mining (ASX:CMD) announced development in its ongoing international arbitration with the Government of the Republic of Ghana.

The dispute, involving the company's wholly owned Ghanaian subsidiary, will have its final hearing at the Peace Palace in The Hague, Netherlands, from June 15 to 19, 2026.

This follows a decision by the Tribunal on Jan. 17, which upheld Cassius' challenge to remove Ghana's party-appointed arbitrator, Prof. Richard Oppong.

The challenge, filed on Oct. 23, 2024, was deemed justified and admissible, prompting Prof. Oppong's resignation.

Ghana has since appointed a replacement arbitrator, leading to the reconstitution of the Tribunal on Feb. 21.

Cassius initially submitted its full Memorial on Dec. 23, 2024, detailing claims against Ghana for breaches of contract and statute.

The company is seeking approximately US$277 million (around $443 million) in damages.

The outcome of this arbitration will be closely monitored, as it carries significant implications for both parties involved.

At the time of reporting, Cassius Mining's share price was $0.016.