More mining jobs are on the way for the Northern Territory after the territory government awarded KGL Resources’ Jervois copper-silver-gold project a major project status.
Northern Territory chief minister Michael Gunner announced the signing of a project facilitation agreement (PFA) between KGL and the territory government for the $190 million project, approximately 270km northeast of Alice Springs.
The project is expected to create 360 jobs during construction and 300 ongoing jobs once operational, over its more than 12-year life.
“We recognise the significance and potential the project could provide for the Territory,” Gunner said.
“Major projects create employment opportunities for Territorians and develop new business opportunities within the Territory,” Gunner said.
The announcement was made at the Annual Geoscience Exploration Seminar in Alice Springs yesterday, with the agreement enabling both KGL and the NT Government to collaborate to advance the project through its approvals process.
KGL is currently increasing and upgrading the Jervois resource as exploration, mainly at the Rockface prospect, has yielded additional mineralisation at higher grades of copper.
KGL chairman Denis Wood said, “The confidence that the Northern Territory Government has shown in KGL and the Jervois project, and the cooperation extended to the company in moving towards development at Jervois are greatly appreciated.”
Earlier this year, the NT Government granted PFA’s to another two projects; Verdant Minerals’ Ammarroo phosphate project and for a refinery at TNG’s Mount Peake vanadium-titanium-iron deposit. These two projects are set to bring more than 2000 jobs to the territory.
Resources minister Ken Vowels, who also attended the seminar in Alice Springs, said, “This government recognises the importance of the mineral and resources sectors as vital contributors to our economy, creating jobs for Territorians.”
“This project will maximise business opportunities, local employment, training and Indigenous development opportunities.”
An environmental impact statement for the Jervois project is set to be submitted early next year, with construction slated for late 2018.