ENR 1.49% 34.0¢ encounter resources limited

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    re: no wobblies Johnny can make qld and wa do back flicks at the click of his finger tips... NT was a test case!


    In August, 2005 the Federal Government used its constitutional powers to assume control of mining rights in the Northern Territory, declaring it "open for business" for further uranium mining, subject to environmental and Aboriginal approvals.

    Advertisement
    AdvertisementThe move undermined NT Chief Minister Clare Martin's recent election promise of no new uranium mines.

    More than 12 companies have licences to explore the Territory, which is estimated to have about $12 billion worth of uranium deposits
 
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