rhodes ridge - cazaly has a case

RHODES RIDGE DECISION Cazaly Iron Pty Ltd (Cazaly) has previously lodged Applications for several mining tenements
(Applications) at Rhodes Ridge in the Pilbara region of Western Australia.
Hamersley Resources Ltd (Hamersley) objected to the grant of the Applications on the grounds that the temporary reserves are subject of valid and subsisting rights of occupancy (Rights of Occupancy) held by the Rhodes Ridge Joint Venture (RRJV) with the consequence that the Applications could not, as a matter of law, be granted.
The Warden previously held that 1. the Minister had the power to renew of the Rights of Occupancy retrospectively,
notwithstanding that there were defects over a number of years in the chain of renewals; 2. the Rights of Occupancy were therefore valid and subsisting; and 3. in order to grant the Applications (in whole or in part), the Minister would first have to
cancel the Rights of Occupancy (in whole or in part) which he could only do for the purpose of granting rights to minerals other than iron ore.
Cazaly previously applied to the Supreme Court to quash the Warden's decision that the Rights of Occupancy are valid and subsisting.
The Supreme Court today held that Cazaly has an arguable case and that the matter should proceed to a substantive hearing before the Court of Appeal.
Yours sincerely,
For further information please contact:
Nathan McMahon/ Clive Jones Joint Managing Directors Cazaly Resources Limited Tel: +618 9380 4600
Em: [email protected] Website: www.cazalyresources.com.au
David Tasker
Professional Public Relations Tel: +618 9388 0944/ +61 433 112 936 Em: [email protected]