Fortescue loses native title appeal

Australia's highest court has rejected a bid by Fortescue Metals Group to appeal a court decision that gave an Aboriginal group exclusive title rights to land at its Solomon Hub iron ore mine in the Pilbara region of Western Australia, reported Reuters.

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First Au to acquire Victorian Goldfields Project

First Au Ltd (FAU) has entered into a binding term sheet to acquire 80 per cent of the issued share capital of Victorian Goldfields Pty Ltd, which holds applications making up the Victorian Goldfields Project.

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