ASX-listed mining company Bathurst Resources says it will appeal a High Court ruling ordering it to pay $US40 million ($60m) to Belize-registered L&M Coal Holdings.
The money relates to the Escarpment mine on New Zealand’s West Coast, bought by Bathurst from L&M in 2010.
The deal involved
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).