Mining Co. Says Soros' 'Thuggish' Acts Should Be Punished

Law360 (October 29, 2020, 4:55 PM EDT) -- A mining company owned by Israeli billionaire Beny Steinmetz has argued that investor George Soros and his Open Society Foundations can't escape a nearly $10 billion suit over mining operations in Guinea, saying Soros is trying to avoid facing consequences for pursuing a "thuggish" personal vendetta against Steinmetz.

BSG Resources and its associates alleged in New York federal court that Soros sabotaged the London-based company's contract with the Guinean government to mine some of the world's most valuable iron ore deposits in the Simandou mountain range, leading to the cancellation of the company's contract in 2014.

"Through Soros's own thuggish misconduct...

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