Tamboran Resources is hoping to raise $262.5 million in an initial public offering on the New York Stock Exchange to continue its gas exploration interests in the Beetaloo Basin, with prospectus figures showing it has $29.5 million in cash cash equivalents but needs $85.5 million to operate for the rest of the year, however company director Andrew Robb said the capital required can be raised before it starts generating income in 2026.
Labor has promised to ban commercial barramundi fishing gillnets and buy back commercial licences if elected, before the release of the NT Fisheries’ review of the barramundi fishery that was promised by the party in the lead up to the last election, with the announcement also at odds with a 2021 government statement about developing a seafood processing facility.
A NT Local Court judge awarded a woman $120,000 in civil damages after finding a police officer slipped a finger into her vagina during an illegal search for drugs and jewellery that was done in front of male police officers, adding if the matter were raised in a criminal court it would likely constitute an assault and battery.
A man has been charged with rape, depravation of liberty, aggravated assault, and strangulation, along with other offences over an alleged domestic violences attack, NT Police said.
A male cyclist has died after being struck by a vehicle this morning in Johnston, NT Police said.
A 23-year-old man who police allege struck two pedestrians with his car on Thursday afternoon and fled the scene near Hibiscus Shopping Centre has been charged, while police said one of the pedestrians has died in hospital overnight.
The bag limits for the waterfowl hunting season will remain at the maximum allowable level for the third year in a row when the season begins in September, Environment Minister Kate Worden has said.
Rental price increases and low vacancy rates are causing extreme rental pain in half of the NT’s suburbs, a new report suggests.
The Anindilyakwa Land Council chief executive officer Mark Hewitt told a Senate committee hearing he sought to be given shares in an Aboriginal-owned mine in which he is also CEO to provide “stability” to the project, while the mine was funded by more than $15 million in royalties from traditional owners distributed through the ALC.
Cocaine and meth valued at more than $7 million destined for the Darwin market was intercepted by NT Police late last month as part of a joint operation with federal authorities. WATCH THE VIDEO OF THE BUST
EXCLUSIVE: Anti-corruption commissioner Michael Riches allegedly used taxpayer-funded cameras installed at the family home to monitor his then-wife, that she alleges were operated to exert coercive control, which could constitute misuse of public resources, however the ICAC Inspector dropped the matter and it is not expected to be investigated further.
A 23-year-old man has been arrested in connection to a hit-and-run on Vanderlin Drive near Hibiscus Shopping Centre on Thursday afternoon that sent two people to hospital, including one with life-threatening injuries.
