Exploration initiative grabs miners’ attention
A record number of applications have been received for the Northern Territory Government’s Geophysics and Drilling Collaboration program.
The program is part of the $26 million Resourcing the Territory initiative, encouraging more exploration and create more jobs had proven popular with the industry.
The $26 million funding initiative will be accessible over the next four years and is the biggest investment by any Territory government into programs to attract and support resources exploration, Minister for Primary Industry and Resources, Ken Vowles, said.
“This investment in our future will provide new geoscience data that will lead to the discovery of future resources projects – projects that will create jobs for Territorians,” he said.
“More than $1.27 million from this round will fund 15 projects from 12 different companies.
“Improvements to the Geophysics and Drilling Collaboration program were made based on feedback from explorers,” Mr Vowles said.
“They include 33 per cent more funding overall, an increase in funding for diamond drilling programs from $100,000 to $125,000 per project, and up to $10,000 per project in additional funding to support service and supply by Territory-based companies.”
The projects are expected to create jobs in remote areas across the Territory and will target commodities such as gold, zinc, copper, nickel and cobalt.
The successful applicants are Prodigy Gold, Marindi Metals, MMG Exploration, Todd River Resources, Walhallow Creek, Vista Gold, PNX Metals, Red Metal, Independence Group, Gempart, Lagoon Creek Resources and Northern Cobalt.
Read the full release here.
Mining services hub in Tennant Creek
Two tenders for remediation works at abandoned open mine workings have been released as part of the Northern Territory Government’s development of Tennant Creek as a mining services hub.
“Tennant Creek has a long mining history and many old mines pre-date the requirement for operators to leave them in a safe, secure manner,” Minister for Primary Industry and Resources, Ken Vowles, said.
Addressing safety issues at the legacy mine sites and creating local jobs is a key component of releasing tenders for works that include a 40 per cent local content requirement, Mr Vowles said.
It the third phase of site safety works undertaken in Tennant Creek, with about $1.85 million spent on 18 projects, with work on 17 being awarded to NT businesses, Mr Vowles said.
The most recent works – at the Eldorado Area, Burnt Shirt and Town mine sites – were carried out by a Tennant Creek contractor who employed local Aboriginal people.
The latest round of works will improve safety at 13 legacy mine sites and will include backfilling, grate covers, fencing, and the installation of danger signs.
修改评论