Fortescue has given up its spot at the proposed Middle Arm industrial development precinct, a decision which follows the February departure of former chief minister Michael Gunner from the company just five months after being named Fortescue Future Industries director of business development for Australia and New Zealand.
The latest business highlights include Tennant Mining set to resume ‘large-scale’ gold mining in the NT as the Nobles Gold Mine Project’s construction begins, the NT Government has awarded ADG Engineers Darwin $330,000 for the design and upgrade of Cox Peninsula Road, and Reece has opened a new branch in Berrimah. Also making resource news, Central Petroleum extending the Arafura gas agreement, plus more.
UPDATED: Master Builders NT CEO Ben Carter has suddenly and mysteriously resigned his position with the powerful construction industry peak body after less than two years in the top role.
The NT Government awarded 13 contracts in the last week to a total of $4.1 million with the largest being awarded to FRM Refrigeration & Airconditioning Pty Ltd for Supply, Delivery, Installation, and Commissioning – AHU Replacement and Chilled Water Valve Configuration in Casuarina Street Primary School, Katherine Region.
The NT is a year closer to anticipated widespread blackouts, expected to start over the next three years, unless the NT Government invests substantially in fixing looming issues, including addressing renewable energy problems, the NT Utilities Commission has warned.
Tamboran Resources raised less than half the money it was seeking with its initial public offering on the New York Stock Exchange, while an energy think tank said its analysis has raised questions about the financial viability and competitiveness of the Beetaloo gas development, which is being touted by the Lawler Government as crucial to the proposed Middle Arm industrial area and the Territory’s future economy.
In the last week the NT Government has released 13 tenders, including Repairs and Maintenance of Remote Community Housing and Government Employee Housing Assets for a Period of 24 Months in Alice Springs Region.
Acting anti-corruption commissioner Naomi Loudon – who is being paid $500,000 a year to run the Office of the ICAC while commissioner Michael Riches is investigated for “inappropriate behaviour” – has refused again to publicly disclose her conflict of interest in Labor’s election travel rorts investigation, while the Centre for Public Integrity recommended she publicly disclose it to boost public confidence.
Tivan, one of the proposed tenants of the controversial Middle Arm industrial area, has “de-prioritised” its former flagship Mount Peake critical minerals project for the coming financial year and shifted its focus to three other key projects, the company has announced.
The NT Government awarded 15 contracts in the last week to a total of $45.8 million with the largest being awarded to Allan King & Sons Construction Pty Ltd for Upgrade and Bitumen Seal from 158.35km to 176.00km of Central Arnhem Road in Katherine Region.
The only public transport system in Tennant Creek, which includes a wheelchair service in a town with no taxis, is closing down within the week, the not-for-profit organisation running it has announced.
In the last week the NT Government has released seven tenders, including Bulk Earthworks to Construct a Road and Building Pad in Darwin River Dam.
