1
Everything Mining Industry Country Focus How to Guide
 
 
more  
 
Limit search to:
Where?
With?
Start Date   
End Date   
 
 
 
Back
 Address to refer: https://www.researchchannel.co.za/article/kidman-to-focus-on-earl-grey-development-as-tussle-with-marindi-is-resolved-2017-07-10
 Article Headline: Kidman to focus on Earl Grey development as tussle with Marindi is resolved
 Abstract: ASX-listed gold and lithium miner Kidman Resources has successfully defended the ownership of lithium rights to its Mt Holland project, including the Earl Grey deposit, located near Southern Cross in Western Australia. The finding followed a three-day trial in the Supreme Court of West Australia, which considered whether any agreement existed with plaintiff Marindi Metals, over the lithium rights. Marindi claimed that Kidman had failed to comply with a binding agreement regarding the sale of lithium rights. Marindi claimed that the two companies had reached a heads of agreement (HoA) in April of 2016, via email. The alleged agreement would see Marindi acquire the lithium rights to the Mt Holland project, in the Forrestania lithium belt, subject to Kidman retaining a 2% net smelter royalty return on all pegmatite minerals, and rights to all other minerals within the relevant tenements.
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if you cannot see this image.

 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register
Close