Big day for Tanami today, sadly not reflected in its price.
The event had not been advertised, although I note a media release just came out to ASX.
Strangely, I read about it through a link from the Tehran Globe, lol.
Last Update: Wednesday, May 24, 2006. 10:01am (AEST)
New gold mine set for official opening
A Perth-based explorer will today officially launch Australia's newest gold mine, close to the Tanami Desert, on the Western Australia-Northern Territory border, in northern WA.
It is the latest in a new line of mining projects in the region.
Hundreds of guests, including Governor-General Major General Michael Jeffery will attend the opening of Tanami Gold's new mine.
The company and traditional owners signed a native title agreement last year, paving the way for mining leases to be granted.
It also included a commitment to employ, train and provide business opportunities for the Tjurabalan people.
Wayne Bergmann from the Kimberley Land Council says there has been a turnaround in the attitudes of mining companies over the past five years.
"Aboriginal people's rights are enshrined in the thinking now in the resource industry, and it's a matter of, 'well, how do we work together, how do we make best of our relationships?'" he said.
The council says there has been a 200 per cent increase in resource activity in the region.
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Big day for Tanami today, sadly not reflected in its price.The...
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