CAPITAL MARKETS

First new NT gold mine in a decade underway

GOLD production is again underway in Tennant Creek after final approvals were granted by Northern Territory authorities, with Emmerson Resources and the Edna Beryl Mining Co reporting the first 600 tonnes of development ore averaged about 40 grams per tonne.

Michael Quinn
First new NT gold mine in a decade underway

The underground mine developed by the private miner EBMC under a tribute agreement is targeting gold in a specified part of the Edna Beryl deposit, with Emmerson to receive a royalty based on production...

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