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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe and Tom Burgis

SFO and mining firm ENRC agree settlement over legal claims

The Boss Mining copper operation, owned by ENRC,  in the southern Congolese province of Katanga
The Boss Mining copper operation, owned by ENRC, in the southern Congolese province of Katanga. Photograph: Reuters Staff/Reuters

The UK’s Serious Fraud Office (SFO) and the Kazakh mining company Eurasian Natural Resources Corporation have agreed a settlement to end one part of a years-long legal battle.

The agency had been investigating ENRC for suspected bribery and fraud in Africa and Kazakhstan, which the mining company denied. But the SFO dropped its decade-long investigation last year without bringing charges, citing insufficient admissible evidence.

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