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Indigenous trust managing funds from Heathgate Resources under scrutiny
Beverley uranium mine.
(Image by Geomartin, Wikimedia Commons).
Australian media are all over a recent court case that involves the revenues derived from Heathgate Resources’ Beverley and Beverley North uranium mines, located in the Frome Basin in South Australia.
Beverley is Australia’s third uranium mine and the country’s only operating in-situ leach mine.
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The Advertiser and other outlets, an Indigenous-run trust called Rangelea Holdings Pty Ltd has received, since 2003, nearly A$40 million from Heathgate – which is owned by US-based nuclear company General Atomics – and its affiliate Quasar Resources. The funds were to be distributed to all Adnyamathanha people based on their native title rights.