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Red River slapped with lawsuit

INDIA’S Vedanta Resources has commenced legal action against Queensland copper and base metals miner Red River Resources claiming unpaid royalties and damages, a move Red River has described as “surprising”, given it has been “a willing payer of royalties” from the Thalanga project since production restarted.

Haydn Black
Vedanta is suing for royalties.

Vedanta is suing for royalties.

The proceedings relate to the obligation for Red River to pay a 4% net smelter royalty on production to Vedanta subsidiary Thalanga Copper Mines that date back to 2006 and cover a handful of permits that...

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