Mining in the Northern Territory

Mining in the Northern Territory

Position of Northern Territory within Australia
Location
State Northern Territory Northern Territory
Country  Australia
Regulatory authority
Authority Department of Mines and Energy
Website Official website
Production
Value Decrease A$3,436 million
Employees Decrease 5,732
Year 2015[1]

Mining in the Northern Territory accounts for 16.4% of the gross domestic product, inclusive of both the minerals at petroleum industries. In 2015, it was valued at A$3,436 million. It accounts for 4.3% of the Northern Territory workforce. 63 businesses are currently engaged in the sector.[1]

History

Prior to European Settlement Indigenous groups mined ochre and other materials for ceremonial activities.[2] With the arrival arrival of the overland telegraph in the 1860s - 70's gold was discovered

Major commodities

Manganese

Manganese mining in the Northern Territory in the financial year 2013-14, was worth A$1,024 million.[1]

Petroleum

Petroleum, like mining, falls under the jurisdiction of the Department of Mines and Energy. It was worth $214 million in 2014.[1] The NT onshore area is over 1.35 million km2. There were 54 active exploration permits, three retention and five productions licences. Hydrocarbons have been produced since the 1980s.[3]

Onshore gas was produced at the Mereenie and Palm Valley Fields in the Amadeus Basin, west of Alice Springs. The Dingo Field began producing gas in November 2015.[3]

Gold

Gold mining in the Northern Territory was worth A$770 million in 2014.[1]

Uranium

Uranium mining in the Northern Territory in the financial year 2013-14, was worth A$136 million.[1]

Geothermal

There are no granted geothermal permits in the NT at the time of producing this report. The last permit was surrendered in 2014.[3]

References

  1. 1 2 3 4 5 6 "Annual Report 2014-2015" (PDF). Darwin. December 2015. Retrieved 23 June 2016.
  2. "Aboriginal Art Online, Traditional painting methods". Aboriginalartonline.com. Retrieved 2016-06-23.
  3. 1 2 3 Department of Mines and Energy, Energy Directorate (January 2016). "energyNT 2015" (PDF). Department of Mines and Energy. Darwin: Northern Territory Government. Retrieved 23 June 2016.

Template:Economy of the Northern Territory Template:Mining in the Northern Territory

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.