Rox Resources Formalizes Native Title Agreement with Badimia Barna for Youanmi Gold Mine
Rox Resources (ASX: RXL) has formalized a binding native title mining agreement with the Badimia Barna Native Title Claim Applicant, facilitating operations at its Youanmi Gold Mine in Western Australia. The deal provides Rox with consent to manage and renew current and future mining tenements within the project area while establishing cooperation on heritage protection, environmental considerations, employment opportunities for local communities, and a production-based royalty structure. The agreement includes an upfront payment and ongoing royalties tied to gold output at Youanmi, which is expected to reach potential production in mid-2027. Rox's CEO highlighted the importance of this milestone as it reflects strong collaboration with Indigenous stakeholders and supports cultural heritage preservation alongside economic development for local communities.
