PROJECT FINANCE

Cash rains on Indiana's African spat settlement

End in sight as seven-year legal battle over Tanzania pays up over nickel licence expropriation

 Ntaka Hill in Tanzania. Credit: Indiana.

Ntaka Hill in Tanzania. Credit: Indiana.

Indiana Resources has gone from being cash poor to wildly rich after Tanzania's government agreed to a US$90 million settlement, ending seven years of legal wrangling over legacy nickel assets in the east...

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