What is the CLP's proposed change to the mining royalties system going to do for the Territory? We won't know until after the election. ERWIN CHLANDA reports. Pictured is Ron Kelly, CLP party president and NT Mines Department CEO during part of the Adam Giles era.
The 20% mining royalties for the NT Government sound like a bonanza – until you deduct production cost which may leave the public with as little as 1%. Aboriginal royalties are bound to the same calculations. ERWIN CHLANDA reports. Image from the acclaimed blog of Michael West (at left): Is the tax performance of Santos, a major NT player an indicator of their royalties performance?
Half a billion dollars earmarked for US forces to play war in the Top End, mining pushing ahead and some roads are getting built: But where is private investment in the Territory's economic development? ERWIN CHLANDA reports.
Five mines in The Centre are at varying stages of development. None have reached final investment decision, but if even just two make it into production, and that is likely, the economic advantages for Alice Springs would be significant, ranging from a big boost in employment to lower airfares for FiFo operations. ERWIN CHLANDA reports. At right: Drilling at Molyhil.
Thor raises $742,000 and moves mine north-east of Alice closer to production. And the Aboriginal Areas Protection Authority has now issued an Authority Certificate. ERWIN CHLANDA reports. PHOTO: Thor's Molyhil site.
"The mining industry are not the economic saviours that they make themselves out to be. They employ a small proportion of the NT workforce and are consistently propped up by government subsidies, while only ever offering boom and bust cycles of economic activity," writes Jimmy Cocking (pictured), CEO of the Arid Lands Environment Centre.
Mining, nursing, delivering babies, shopkeeping and reading bureaucrats the riot's act – it was all in a day's work for Joan Johannsen (pictured). From information provided by husband Lindsay Johannsen.
“Unprecedented levels of new geoscience are being released,” Ian Scrimgeour (pictured), executive director of the NT Geological Survey, told the AGES conference in Alice Springs this morning. “We have only scratched the surface of the Territory’s potential.” ERWIN CHLANDA reports.