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WA this week 10 years ago - RTZ-CRA, Gumala sign $60m deal

PILBARA iron-ore miner RTZ-CRA signed a historic accord with the Gumala Aboriginal Corp likely to be worth more than $60 million, this week, 10 years ago, ensuring the group’s entitlement to its rich Yandicoogina iron ore deposit. Three communities represented by Gumal – the Bunjima, Niapaili and Innawonga people – signed a memorandum of understanding at a bush meeting attended by more than 100 people. The agreement provided for the transfer of 26,000 hectares of land and aimed to preserve Aboriginal access to unused parts of the 30,000ha mining lease. Yandicoogina operator and RTZ-CRA subsidiary, Hamersley Iron, said benefits would take the form of community development, training, employment and business development over the projected 20-year life of the $450 million mine.

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