Environmental approvals have been granted for the $412 million Mt Bundy gold challenge within the Northern Territory.
The improvement was granted main challenge standing in 2022 based mostly on plans to restart three websites about 100 kilometres southeast of Darwin on the Arnhem Highway.
Primary Gold Ltd plans to recommence open-cut operations on the Rustlers Roost and Quest 29 mines in addition to develop two new pits.
The third mine, Tom’s Gully, shall be an underground challenge.
The Territory authorities stated as soon as in operation the Mt Bundy challenge would create 300 full-time jobs for 10 years and produce greater than 135,000 ounces of gold annually.
“The Mt Bundy gold project is great news for local jobs and mining near Darwin, creating hundreds of well-paying jobs for the next decade,” Mining and Industry Minister Nicole Manison stated.
“Gold is needed not just for jewellery and investments, but for the creation of electronics, high-tech health care and aerospace, and the Northern Territory has the supply the world needs.”
Source: www.perthnow.com.au
