Globe Metals & Mining Says Kanyika Community Legal Proceedings Formally Withdrawn

MT Newswires Live

4小時前

Globe Metals & Mining (ASX:GBE) said long-running legal proceedings brought by members of the Kanyika community against Globe Metals & Mining (Africa) and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.

The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.

Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides "greater certainty" for the project to continue progressing towards development.

The company's shares fell 2% on market close.

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Mining (ASX:GBE) said long-running legal proceedings brought by members of the Kanyika community against Globe Metals &amp; Mining (Africa) and the Attorney General of Malawi have been formally withdrawn and discontinued by the claimants, according to a Monday Australian bourse filing.</p><p>The withdrawal brings to an end a historical legal claim disclosed as a contingent liability of between AU$603,000 and AU$690,000 in the company's 2025 annual report, the filing added.</p><p>Interim Chief Executive and Chief Financial Officer Charles Altshuler said the resolution brings a longstanding legal matter to an end and provides \"greater certainty\" for the project to continue progressing towards development.</p><p>The company's shares fell 2% on market close.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4535","symbol_name":"淡馬錫持倉","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2667658809","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667658809","pubTimestamp":1789366644,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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