The chief minister of the Northern Territory, the Honourable Michael Gunner MLA and Thor Mining chairman, Mick Billing, announced a Project Facilitation Agreement (PFA) between the government and the company on Saturday, July 4.
The company is currently pursuing US$43mln in project finance for the development-ready Molyhil project.
In a statement, Gunner commented: "The Northern Territory is the rebound capital of Australia. We are the safest, and quickest to get back to business. The Territory government's focus is on creating jobs for Territorians – this project will support 59 ongoing jobs in Alice Springs with a further 40 jobs supported during construction.”
Billing was equaRead More – Source