Rimfire Pacific Mining settles dispute with GPR for A$350,000 payment
Rimfire Pacific Mining has agreed to pay Golden Plains Resources A$350,000 to resolve a dispute with GPR and advance scandium exploration in NSW.
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what happened
According to Reuters, Rimfire Pacific Mining Ltd has settled its dispute with GPR under a HOA agreement. Rimfire will pay Golden Plains Resources A$350,000.
The companies will also seek dismissal of the Supreme Court proceedings, clearing the way to move forward with scandium exploration assets in New South Wales.
why it matters
For markets this is a small local development: the sum is modest and the scandium project remains at the exploration stage. Removing the legal uncertainty may help the company focus on its exploration program.
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instruments
sources
- Rimfire Pacific Mining Resolves HOA Dispute With GPR — Reuters, 2 November 2026 at 01:09 UTC
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