Vision unveiled for Alice Springs railway redevelopment
'Idiotic' Katherine rail crash could cost $300,000
NT: Old Ghan takes to tracks
'Young idiot' writes off 4WD after becoming stuck on Adelaide to Darwin rail track
A 300M section of the Katherine-Darwin rail line has been washed away because of rain
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NT: Railway boost with mine deal
Northern Territory Government to spend $1m exploring feasibility of Tennant Creek to Mt Isa rail project
Rail owner rejects Alice safety concerns
An Adelaide-based mining company says a new tungsten mine near Tennant Creek is financially feasible.
Thor Mining's chief executive, Mick Billing, says the construction would require about 100 workers, take a year and cost $70 million.
He says the ore would be transported by road to Alice Springs and then by rail to Darwin.
"Over a four-year mine life, which is the first phase of operations at Molyhill, one will make a profit not a magnificent profit but certainly a very tidy one," he said.
He says once completed, the mine could employ about 80 people.
"During the construction phase at Molyhill, which is probably going to be roughly 12 months, it will employ up to about 100 people. Once construction is over we would expect it would employ about 80 or so people on a fly-in, fly-out basis," he said.
This article first appeared on www.abc.net.au
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