Fitzroy claims a variable 1-3% overriding return royalty over Endura's fully funded underground Snowy River development. Tasman Mining paid A$12.265 million in March 2026 while purporting to exercise its royalty buyout option, but Fitzroy disputes the option's validity and commenced New Zealand High Court proceedings. The funds remain held separately pending resolution.
- Country
- New Zealand
- Commodity
- Au
- Stage
- Construction