Alliance launches action
- Publishing Date
- 18 Nov 2009 1:49pm GMT
- Author
- Mining Journal
Alliance Resources Ltd, which holds a 25% interest in the Four Mile uranium project in South Australia, has launched an action in the Supreme Court of South Australia against two companies.
Alliance alleges that its partner, Quasar Resources Pty Ltd, and Quasar's affiliate Heathgate Resources Pty Ltd, submitted a native title mining agreement (NTMA) for the Four Mile project and nearby operating Beverley mine, in breach of their contractual obligations.
Alliance said the inclusion of Heathgate’s Beverley mine in the NTMA gives rise to potential liabilities to Alliance for matters pertaining to Beverley, as well as giving Heathgate the right to make mining decision relating to the Four Mine project.
Alliance further says it was not invited to participate in negotiations with native title holders for the NTMA.
The company said it is seeking a mandatory injunction requiring Quasar to commence negotiating a new native title agreement relating only to the Four Mile project, as well as seeking damages and costs.
ALSO IN THE ARCHIVE...
More News By Subject
Site Search
Log in
-
Features
-
Editor's Comment
Geologists- Senior and Junior Positions
Gryphon Minerals is aggressively growing its world class Banfora Gold Project in Burkina Faso, West Africa.
Mining and Metals Opportunities - Hatch
Mining and Metals Opportunities in London and Globally: Senior and junior roles.
Minerals Geoscientist Vacancy - Neftex
Do you want to help develop the world’s most detailed commercially-available 4D Earth Model to support the mining majors?
Opportunities for Senior & Principal Level Consultants - SRK
Professionals needed for central Moscow office.
Senior Hydrogeologist - Schlumberger
We need you in Australia or Canada
Mining Journal is looking to employ a full-time member of staff in British Columbia
Comments