There is a new optimism in the Northern Territory resources sector thanks to new developments, record levels of exploration and a slew of projects that seem finally to be proving their worth. Northern Territory Resources Minister Kon Vatskalis told delegates at September's NT Resources Week conference that mineral exploration was now at record levels in the Territory. Led by the likes of Emmerson Resources Ltd, Ivanhoe Australia Ltd, Westgold Resources Ltd, Minemakers Ltd and Adelaide Resources Ltd, exploration spending in the Territory reached nearly 150 million dollars in the 2010 financial year.
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