Deputy Chief Minister
Minister for Mining and Energy
Media Release CLP Government showcases NT's golden opportunities in the Tanami
8 June 2025
The Finocchiaro CLP Government is championing resource development in the heart of the Territory, with one of country's most remote gold mines delivering jobs, investment, and royalties for Territorians.
Minister for Mining and Energy Gerard Maley this week visited Newmont Australia's Tanami operation, located approximately 550 kilometres northwest of Alice Springs.
The Tanami mine has been producing gold since 1983 and has been wholly owned by Newmont, the world's largest gold producer, since 2002.
It employs around 1,800 people and is expected to produce approximately 380,000 ounces of gold in 2025.
With gold prices at record highs, this production is set to deliver millions in royalty revenue to the Northern Territory economy.
The Minister travelled 1.3 kilometres underground to inspect the mine's operations, including a new ore crusher and the key Tanami Expansion 2 (TE2) project.
TE2 will transform the mine's production capabilities and extend its operational life well beyond 2040.
"The Tanami mine is a powerhouse of gold production and a major economic driver for the Territory," said Minister Maley.
"With expansion works well underway and record commodity prices, this project represents long-term jobs, royalties and investment for the Territory, exactly what our government is focused on delivering in our year of action, certainty and security."
"Our mining sector continues to lead the way in rebuilding the Territory economy, and the Tanami operation stands as proof of the opportunities that exist when government and industry work together."
