From Financialpost · · 1m
Monument Mining Updates Tuckanarra Joint Venture Dispute
Monument Mining says Tuckanarra stopped managing joint venture after breach notice.
In brief
Monument Mining says Tuckanarra stopped managing joint venture after breach notice. Monument Mining claims Tuckanarra breached the joint venture agreement by entering toll milling with a third party, leading to a court dispute over management. Originally reported by Financialpost.
Joint Venture Update
Monument Mining provides update on Tuckanarra Gold Project joint venture in Western Australia.
Court Proceedings
Tuckanarra Resources has applied for interlocutory injunction to stop Monument Murchison from holding management committee meeting.
Breach Notice
Monument Murchison issued breach notice to Tuckanarra on August 25, 2026 over toll milling agreement with third party.
Management Dispute
Monument claims Tuckanarra ceased being manager effective September 25, 2026 per EJVA clause 5.1(b)(ii).
Tuckanarra's Position
Tuckanarra disputes Monument's claim that breach was not remedied and removal of manager was valid.
Current Status
Parties agreed interim arrangements and expedited timetable for dispute resolution with court orders pending.
What it means
Monument Mining claims Tuckanarra breached the joint venture agreement by entering toll milling with a third party, leading to a court dispute over management.
