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Minera proceeds to arbitration

Minera IRL (CN:MIRL) will proceed to arbitration in its investment dispute with Corporación Financiera de Desarrollo (COFIDE) after a court rejected the state-owned private bank's arguments.

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The entrance to the 1.2km Ollachea exploration tunnel

The Superior Council of Arbitration of the Chamber of Commerce of Lima (CCL) rejected COFIDE's arguments around not entering into an arbitration process and admitted all of Minera's claims.