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Mt Peake Land Use Agreement

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    1. The final approvals on Nolans and Mt Peake are waiting for land use agreements with the traditional owners, TOs of the land they are situated on.
      The Central Land Council is tasked to reach an agreement with the TOs to provide compensation, usually employment training and royalties.
      This is the step that is slowing the NT down.
      Take Mt Peake, this is potentially a world class mine offering hundreds of jobs and royalties to the NT Government.
      The CLC has been in discussion with TOs for years and still no agreement has been reached.
      The CLC is paid by the mining companies as consultants to do this work and the longer it takes the more they get.
      Because of the long delay companies like TNG are forced to go to arbitration, another long winded process.
      http://www.alicespringsnews.com.au/2018/03/20/mining-in-the-nt-has-turned-the-corner/#comments
 
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