Mining Tycoon’s $1 Billion Manganese Project Nears Collapse

  • Company accuses Burkina Faso of planning to withdraw permit
  • Paris court to decide on project for second time in decade

Machines sit at the Tambao manganese mine in Burkina Faso.

Photographer: Ahmed Ouoba/AFP via Getty Images

A unit of Timis Mining Corp. that says it was forced to stop developing the world’s largest manganese deposit may seek as much as $4 billion in damages from Burkina Faso because the suspension of mining will endanger its other projects in West Africa.

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