Burkina court annuls Karma gold deal as legal battle widens

Burkina court annuls Karma gold deal as legal battle widens

A commercial court in Burkina Faso has annulled a gold purchase agreement involving Franco-Nevada Corporation, registered in Barbados and Sandstorm Gold Limited of Canada, ordering the companies to pay Burkinabe company, Riverstone Karma SA CFA5.2 billion approximately $9.3 million in damages in a recent ruling, and dismissed all objections raised by the defendants.   The post Burkina court annuls Karma gold deal as legal battle widens appeared first on Ghana Business News.

This summary is based on reporting by Ghana Business News.

Read the full article at Ghana Business News

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