About HighGrade

HighGrade is Australasia’s weekly online mining magazine delivering to readers the high-grade cut of mining industry news from around the region, and the globe. read more

Contact Us

INTERCEPTS Thu 24/04/2014

Magma fights for WA exploration rights

11th Apr 2012

PERTH, April 10 – Explorer Magma Metals has begun Supreme Court action to uphold its 100% rights to explore and mine for nickel, copper and platinum group elements on a large group of tenements in the Laverton area of Western Australia held by Crescent Gold.

Magma says the rights are contained in a concurrent rights agreement (CRA) between the two companies.

The Laverton tenements are also the subject of another Supreme Court action between Crescent and Indago Resources P/L, also the subject of the Magma action, over the validity of a royalty deed executed by the two.

Magma says the deed contains provisions that conflict with the provisions of the earlier CRA. Further, the company claims Crescent has not complied with its obligations under the CRA.

 

HighGrade

Also in the April 4 - 10, 2012 edition

AFRICA
Vital period puts spotlight on PlatAust
CABBIE'S CORNER
Energy kicks in … long after the start
COAL
Clear path for Bandanna
EVENTS
AIMEX to run every two years
Leaders to gather at Broken Hill
Mining events diary 2012
FINANCE
Forrest provides bridge for Poseidon return
Ivanhoe Oz next in line
FROM THE CAPITAL
Resource sector profits may be big but not super
GOLD
On firmer ground
HEAVY METAL
Heavy metal briefs: Gekko Systems, Ludman Industries, CME
Reversal of fortunes
Sandvik opens Hunter plant
INTERCEPTS
Afferro exits Putu stake
Alcoa cuts output
Alcoa lifts aluminium pall
Augusta shuffles towards the Rosemont start-up
Bandanna gets clearance
Bannerman welcomes alliance
BBX progresses on Chapada trial
Better period for Mincor
Big jump in Turner River resource
Big quarter shifts Focus
Borborema hits could lift Crusader target
Brockman contract snared by Norfolk
Canada promises fixed project approval deadlines
Canadian miners doing it tough in Europe
CDC looks for Hinoba-an out
China sets up rare earth group
Cost load too great: QRC
Energizer emboldened by graphite results
Exalt eyes change in status
Excelsior expands Kalgoorlie project
Extra Crater share for Gold Anomaly
Fire River ready to develop Nixon Fork
Forte ups A238 ante
Gold One gets output boost
Good Ballarat prospects for Castlemaine
Goongarrie sees grade boost
Graphite results power Energizer
Greece to speed Eldorado growth
Heritage split to aid Talisman progress
IMX secures supply deal
Integra into Cock-Eyed Bob ore
IronClad finds a smart shipping solution
Jellinbah blast for Downer
Joint army, police, government operation against illegal miners on Sihayo ground
Labrador's James restart
Leighton wins 7yr Indo contract
Mako Lode looks better for Castlemaine
Mansell joins gold company
Masbate hits target rate
McCauley promises to clean out Capital
Minbos posts Angola resource
Mine life extended at Nullagine
Mineral Ridge alliance dissolves
Ming switch on for Rambler
Modikwa production restarts
Molycorp rises at Mountain Pass
Mundo sees exit sign
New drilling planned for The Range
Nimrodel sees long-life Botswana coal mine
Nobel Group joins an expanding Coalworks
Norwich Park shutdown
Obotan study done by mid-year
Oracle sees future in Pakistan
Outback sale to China Australia
Premier targets Nevada gold
Randgold feels better about Mali
Rico lifts Wonmunna resource
Rubianna picks up the pace
Sese coal transport works out
Shutdowns hurt AngloGold
Solomon enters purchase deal on Cascabel
Spasskaya work underway
Tembang reserve revision puts SCG on course
TIVAN decision close for TNG
TNG enters copper search pact with Toro
Togo phosphate up for grabs
Too many nasties trying to get into Australia
Universal targets work on two fronts
US fund backs UXA
Viking conquers 700Koz mark
Westwood takes shape
Zambia mining licence ban nears end
ZincOx reports delays in Korea
ZYL weighs up funding options
MINING
A challenge to the end
MINING IT
Mining IT briefs: Orange Business Services, Micromine, Intergraph
PEOPLE
Ausgold chief keen to go under cover
CAE flies into mining simulation
People on the move: AAMIG, Mesa, Burey Gold, Carbine Tungsten
VIEW FROM THE WEST END
Yeah but no but …