LNY 0.00% 0.6¢ laneway resources ltd

Nice Week and more to come, page-65

  1. 351 Posts.
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    Yes, it applies to all miners, just some can negotiate. Mining licence application was made in Feb 2015.

    Did find this though:-

    "In 2011, four Pilbara native title claim groups signed comprehensive native title agreements with Rio Tinto Iron Ore. This was followed in 2012 by a fifth group, the Yinhawangka people.

    The agreements were results of years of extensive negotiations between the groups represented by YMAC and the Rio Tinto Iron Ore group. The final agreements give Rio Tinto certainty for its existing and future operations in the areas covered by the five native title claim groups."

    Maybe I've been a bit harsh but then again dealing with RIO would have a lot more dollars involved than dealing with Laneway, RIO's area was 70,000 sq kms and did involve 5 groups.

    Just hope we don't have years more of extensive negotiations to come. Still struggle to see how these negotiation can take so long and be so extensive. A couple of nights with some cold beers and some food should get it done, in principal at least.
 
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