Mining securities
All mining activities Authorised (licenced) under the Mining Management Act are required to lodge a security with the Department of Industry, Tourism and Trade. The purpose of the security is for the payment of costs if action needs to be taken by the government to prevent, minimise or rectify environmental harm caused by mining activities on or off the mining site or for completion of rehabilitation. The amount of security is based on the amount of disturbance likely to be caused by the mining activities carried out under the Authorisation, subject to the approved Mining Management Plan (MMP).
| Site | Current operator | Authorisation number | Security held (as at 02 December 2020) |
|---|---|---|---|
| Gove Operations | RTA Gove Pty Limited | 0035-02 | $850,928,464.00 |
| Bootu Creek Manganese Project | OM (Manganese) Ltd | 0011-04 | $14,453,484.00 |
| Cosmo Project | NT Mining Operations Pty Ltd | 0546-03 | $6,375,921.00 |
| Dhupuma Plateau Bauxite Mine | Gulkula Mining Company Pty Ltd | 0929-01 | $581,248.00 |
| Edna Beryl Mine | Edna Berryl Mining Company Pty Ltd | 0880-01 | $53,250.00 |
| Gemco Mine | Groote Eylandt Mining Company Proprietary Limited | 0126-01 | $112,308,859.00 |
| McArthur River Mine | McArthur River Mining Pty. Ltd. | 0059 | $400,003,226.00 |
| SILL80 Roper Project | Australian Ilmenite Resources Pty Limited | 0721-01 | $818,389.00 |
| The Granites Gold Mine | Newmont Tanami Pty Ltd | 0086-02 | $40,633,648.00 |
| Nathan River Project | NRR Services Pty Ltd | 1062-01 | $5,661,549.00 |
| Total | $1,431,818,038.00 | ||
Note: The department currently holds a total of $1,482,687,620.78 in mining securities. Securities held against individual mining authorisations can be obtained on written application addressed to the Manager Mining Register by emailing mineral.info@nt.gov.au, last updated 7 January 2021.
Last updated: 07 January 2021
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