Hanking Gold’s Mt Bundy investment decision signals confidence in the Territory

Final investment decisions are where economic potential starts to become real.

Hanking Gold’s decision to proceed with the Mt Bundy Gold Project represents a significant vote of confidence in the Northern Territory.

The company anticipates investing up to $500 million over the next 18 months, with first gold targeted for March 2028 and a minimum 17-year mine life.

Importantly, Territory businesses have already secured pre-construction work, with further local opportunities expected across earthworks, civil construction, concreting and craneage.

That is how major-project investment flows through the wider economy, creating contracts, jobs, skills, business capability and opportunities for regional communities.

Projects of this scale require patient capital, efficient and rigorous approvals, enabling infrastructure, stable investment settings and a deliberate focus on maximising local participation.

DMBG congratulates Hanking Gold and everyone involved in bringing Mt Bundy to this important milestone. The priority now is to support efficient delivery and ensure this investment produces lasting benefits for Territorians.