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Guernsey miner files Chapter 15 after losing US$2bn arbitration

By Benjamin Clarke

05 June 2019

Guernsey miner files Chapter 15 after losing US$2bn arbitration iStock.com/CUHRIG

Guernsey-based mining company BSG Resources has filed Chapter 15 proceedings in New York, as it tries to stop Brazilian miner Vale from enforcing a US$2 billion arbitration award.