** Miner Cassius Mining CMD.AX jumps 13.33% to A$0.017, hitting its highest level since March 7, after update on its ongoing international arbitration against the Ghanaian government
** Stock rose as much as 20% earlier in the day, marking its biggest intraday gain since January 22
** Co says the tribunal has found that its challenge to remove Ghana's party-appointed arbitrator was justified and admissible, leading to his resignation
** CMD had filed a claim against Ghana's govt for damages of ~$277 mln due to alleged breaches of contract and statute by govt
** Adds, the govt has since appointed a replacement arbitrator and final hearing venue has been agreed to be in The Hague
** Over 878,000 shares change hands, 1.4x the 30-day avg
** Stock up 33.3% YTD including current session
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk))
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