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TNG delays Mt Peake FID

WHILE TNG’s renewed board was still promising a final investment decision for its flagship Mt Peake project in the Northern Territory would be made “in the near future” just weeks ago, it is now unlikely before mid-2023.

Haydn Black
Plans for Mt Peake have gone a little off the rails

Plans for Mt Peake have gone a little off the rails

Late in 2021, to avoid long permitting delays, TNG decided to co-locate its mining and processing operations at Mt Peake, near Alice Springs, rather than process its ore at Darwin.   It tapped engineering...

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