McArthur River mine, Northern Territory
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The McArthur River mine is one of the world's largest zinc, lead and silver mines, situated about 70 kilometres southwest of Borroloola, near the Gulf of Carpentaria in the northeastern Northern Territory, Australia. It is operated by McArthur River Mining (MRM), a subsidiary of the Swiss mining company Xstrata. Although discovered in the 1950s, when it was originally called the HYC ("Here's Your Chance") deposit, it only opened as a mine in 1995. Presently an underground mining operation, the company has recently submitted a proposal to convert to open-cut mining.