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Australian court rules in favor of Gold Fields in native title claim dispute

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Australian court rules in favor of Gold Fields in native title claim dispute

Gold FieldsLtd. said March 29 that it has won its in the Full Court of the FederalCourt of Australia covering the re-granting of certain tenements to thecompany's St Ives Gold Mining Co. Pty. Ltd. subsidiary, which owns theSt Ives goldmine in Western Australia.

The court overturned a July 2014 decision, which found that suchre-granting did not comply with the correct procedures under the Native TitleAct 1993.

In addition, the ruling notes that while St Ives' rights astenement holder and the Ngadju People's native title rights can coexist, theformer's rights will prevail should there be any inconsistencies.

Gold Fields said it will continue to openly engage with theNgadju People, although it remains unclear whether the local group will seek toappeal the decision.