Business | NT Independent
NT Business News – April 29

NT Business News – April 29

The latest highlights include the NT Government signing an MoU with South Korea for international mining prospects; and NT Major Events being granted an additional $4 million in funding this coming Dry season. Also making resource news is South32’s Gemco mine facing a period of closure due to Cyclone Megan. In addition, Empire Energy is closer to selling its first gas next year after a highly successful capital raise.

‘Gas industry capture?’: CDU’s deal with government to monitor Beetaloo gas industry called into question

‘Gas industry capture?’: CDU’s deal with government to monitor Beetaloo gas industry called into question

The Lawler Government and CDU have refused to explain how the university can provide the necessary independence to undertake monitoring of the gas industry’s fracking operations in the Beetaloo Sub-Basin, after its vice-chancellor told a Senate inquiry the university regularly accepts money and gifts from the industry, with other integrity issues at the highest levels of the university remaining unresolved.

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