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Indonesia Has Defaulted In Mining Fight, Churchill Says

By Caroline Simson (April 13, 2016, 7:33 PM EDT) -- Indonesia has defaulted in ongoing arbitration proceedings with the U.K.'s Churchill Mining PLC over the alleged expropriation of the miner's interest in one of the world's biggest coal reserves by failing to pay an advance payment sought by the World Bank tribunal, Churchill said on Wednesday....

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