CAZ 0.00% 2.3¢ cazaly resources limited

Low odds you would have thought but worth a crackFrom ABC...

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    Low odds you would have thought but worth a crack


    From ABC News

    Cazaly-Rio Tinto iron ore dispute to go to High Court.
    Posted 1 hour 11 minutes ago


    Iron ore junior Cazaly Resources taking its Pilbara iron ore claim to the High Court. (ABC TV )

    Map: Broome 6725
    The iron ore junior Cazaly Resources will take its long running battle for a huge iron ore deposit to the High Court next month.

    Cazaly Resources pegged the Shovelanna deposit in Western Australia's Pilbara in 2005 after its owner Rio Tinto inadvertently failed to renew its lease on time.

    The Resources Minister at the time John Bowler handed back the tenement to Rio Tinto.

    Cazaly challenged the decision in the Court of Appeal but the bid was thrown out last August.

    The company today announced its application for special leave to appeal against that decision will be heard by the High Court on April the 18th.

 
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