An Australian owned mining junior is about to float on the stock exchange in order to raise three and a half million dollars to begin mining in the Territory. Arafura Resources has spent the past 7 years exploring deposits on its tenements, which cover 12-thousand square kilometers from Pine Creek to the Davenports. Managing Director Mick Muir told Adrienne Francis Pine Creek's Mt Porter site would be the first to get the green light for extraction.

Mick Muir: Managing Director, Arafura Resources