Hundreds of jobs are set to be created in the Northern Territory as the Territory Labor Government approves the Mining Management Plan (MMP) for the development of the Jervois Base Metal Project.
Kentor Minerals – owned by KGL Resources – will be developing the mine which will include an on-site processing facility and the production of a copper concentrate and a lead/zinc concentrate.
“Our current project planning takes into account the conditions attached to the Government response, so this landmark approval provides an essential clearance for Jervois.
“The recently announced Pre-Feasibility Study (PFS) results show that the high-grade Jervois deposit will support a robust initial 7.5-year mining operation. We are confident the drilling about to start in the new year will improve the quality and size of the resource,” KGL Chairman Denis Wood said.
The Jervois Base Metal Project is located approximately 380 kilometres north east of Alice Springs and it is the fourth significant mine that was approved in the last 12 months in the State.
Other significant mines approved include:
The approved MMP for the Jervois Project outlines the different measures that will help minimise environmental impacts as well as ensure long-term beneficial land uses after the mine stops operations.
“This is big news for the Territory, with mining being a huge job creator for Territorians – employing over 4,400 people directly.
“The Territory Government is working hard to make the Territory the best place for exploration and mining investment in Australia and we are committed to attracting and supporting exploration and mining investment,” Minister for Mining and Industry Nicole Manison said.
The Jervois Base Metal project is expected to support up to 350 jobs during its peak production period.
Source: Northern Territory Government Newsroom; NT Department of Industry, Tourism and Trade; KGL Resources (1, 2)