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COMMERCIAL OPPORTUNITIES FROM NATIVE TITLE The Antakirinja Matu-Yankunytjatjara peoples’ journey to economic benefit PRESENTED BY Ian Crombie – Board Member, Antakirinja Matu-Yankunytjatjara Aboriginal Corporation John Hender – Native Title Trusts & Investments, Perpetual

COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

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Page 1: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

COMMERCIAL OPPORTUNITIES FROM NATIVE TITLE

The Antakirinja Matu-Yankunytjatjara peoples’ journey to economic benefit

PRESENTED BY Ian Crombie – Board Member, Antakirinja Matu-Yankunytjatjara Aboriginal Corporation John Hender – Native Title Trusts & Investments, Perpetual

Page 2: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

ANTAKIRINJA MATU-YANKUNYTJATJARA ABORIGINAL CORPORATION (AMYAC)

• Registered on 22 August 1997 and now under the Corporations Act (Aboriginal and Torres Strait Islander) 2006

• Represents the Antakirinja Matu-Yankunytjatjara Native Title holders

• Native Title land encompassing a significant area of the Far North of South Australia

• 830 members of the organisation

Page 3: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

AMYAC SUCCESSFULLY NEGOTIATING ILUAS

1995 Claim commenced

1997 Oz Minerals

heritage clearances

commenced

2005 Agreement

reached with Oz Minerals

2009 First production

payment made by Oz Minerals

2010 • Trust established and community

decided on a professional trustee • Lost some control but had safety net • Created Future Fund • AMY Nominees and Anangu Mining incorporate

sign joint venture with Exact Pty Ltd resulting in Stony Desert Mining Services

2011 • Antakirinja Matu-

Yankunytjatjara People's non-exclusive native title recognised

• Stony Desert gets Crushing contract at Prominent Hill mine

NOW AND FUTURE • Capacity building

• Employment opportunities

• Cultural preservation

• Self-sustainability

2015 • AMY gets first

contract in own right

• Business Development Manager employed

2014 • Economic

Development Plan

• Mabel Creek Station acquired

2001 Reached

agreement with Dominion Gold

2016 Aboriginal Liaison Officer employed

Page 4: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

Photo courtesy Aboriginal Way magazine, June 2011

CONSENT DETERMINATION

Page 5: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

Stony Desert Pty Ltd • An exciting joint venture formed in 2011 • Combines the strength and experience

of Exact Mining Services and the vision of the Anangu people (Anangu Mining Pty Ltd)

Building a commercial enterprise and employment opportunities

Page 6: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

Anangu Mining Pty Ltd

AMY Environmental Services Pty Ltd

Stony Desert Mining Services

Exact Mining

Services

AMYAC

Page 7: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

AMY Environmental Services • Hit the ground running at Prominent Hill

on 18 Sept 2015

• Operating 12 hours per day 365 days per year

• 4 employees (plus future provision for trainee)

• $1.1m worth of plant and equipment

Doing it on our own

Page 8: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

AMY Environmental Services

Waste management means…

Managing a landfill site

Operating a resource recovery centre

Page 9: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

On our country Acquiring Mabel Creek Station

Page 10: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

Working with the trustee on social issues

Maintaining culture

Education Health Relief of poverty

Page 11: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

AMYAC community

AMYAC Aboriginal Corporation

AMYAC Trust

Culture Health Relief of poverty Education

Oz Minerals Prominent Hill Mine

Royalties

Trustee (Perpetual)

Advisory Committee

AMY Nominees

Holds environmental services contract at Prominent Hill Mine

Owns Mabel Creek Station

Future Fund

Other mining companies

Future projects

LOOKING AHEAD

Page 12: COMMERCIAL OPPORTUNITIES FROM NATIVE TITLEIMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company

PRESENTERS Ian Crombie – Board Member, Antakirinja Matu-Yankunytjatjara Aboriginal Corporation John Hender – Native Title Trusts & Investments, Perpetual

IMPORTANT NOTE: This presentation is prepared by Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) and Perpetual Trustee Company Limited ABN 42 000 001 007, AFSL 236643 (Perpetual). Any Information provided by Perpetual is general information only and is not intended to provide financial advice. You should consider, whether the information is suitable for your circumstances and we recommend that you seek professional advice. The information is believed to be accurate as at 24 May 2016 and is provided by the presenters in good faith. To the extent permitted by law, no liability is accepted by AMYAC or Perpetual for any loss or damage as a result of any reliance on this information.