Expanding the Judicial Interpretation Tool-box – Bathurst, implied terms and pre-contractual evidence | Dentons jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Mining consents were issued in 2014, but the mine was mothballed in 2016. The case, which revolved around the interpretation of the contracts, had two main arguments. Bathurst said it didn’t have to pay the $60m at the 25,000 tonnes mark because the coal had been sold locally to cement producer Holcim and transported by truck, not “ship” – the term used in the agreement.
Peter Meecham/Stuff
Geoff Loudon, second from left, in 2009, when he was considering mining projects in Southland. It also said that subsequent alterations to the initial terms meant it could opt to pay a higher royalty for coal produced instead of paying the production-related amount.
Vindicated ASX-listed coal miner ‘delighted’ by favourable Supreme Court ruling.
Third time is a charm for ‘delighted’ ASX-listed coal miner Bathurst Resources in its legal duel with Belize-registered L&M Coal Holdings over non-payments relating to coal production from its Escarpment
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